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GUANGDONG INV Advances 5%+ on Special Div. in Form of Distribution in Specie of GD LAND
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GUANGDONG INV (00270.HK) opened 5.36% higher before peaking at $5.65 today (10th), and last advanced 5.56% to $5.51. Volume was 17.778 million shares, involving $98.2466 million.

GUANGDONG INV announced a recommendation to pay a special dividend in the form of a distribution in specie of GD LAND (00124.HK) shares on the basis of 0.193 GD LAND shares for every 1 share held, involving the distribution of 1.261 billion shares, accounting for around 73.72% of the share capital of GD LAND.

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