Every Spin-Off
Horizon Construction Development (distributed stake)
9930 HKCompletedHKRents out construction equipment in China, mainly aerial work platforms, scaffolding and formwork, with operators and related services for builders.
Far East Horizon distributed about 25% of Horizon Construction Development as a special dividend in specie at 10 HCD shares for every 54 FEH shares held on the 14 June 2024 record date, following an earlier 1-for-27 distribution with a 3 January 2024 record date, while keeping control with about 41.7% plus voting control over a further 5.5%.
- Distribution date
- 28 Jun 2024
- Structure
- Stake distribution
- Parent
- Far East Horizon (3360 HK)
- Spin-off ticker
- 9930 HK
- Listing
- Main Board of HKEX
- Market
- Hong Kong
- Sector
- Industrials
- Size
- small
Source documents
- Press releaseCompletion of the distribution in specie of HCD shares (06/28/24)
- PresentationNot located
- Prospectus / demerger documentNot located
- Sourcehkexnews.hk (proposed distribution and record date 04/30/24)
- Sourcehkexnews.hk (first distribution, record date 01/03/24)
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