Nexteer Automotive Group Limited Approves Final Dividend for the Year Ended December 31, 2020, Payable on June 28, 2021
June 08, 2021 at 06:01 am EDT
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Nexteer Automotive Group Limited at its AGM held on June 8, 2021 approved final dividend Of USD 0.0094 per ordinary share of HKD 0.10 each for the year ended December 31, 2020. The Dividend is payable on June 28, 2021 and the record date for entitlement to the Dividend is June 17, 2021. For determining the entitlement to the Dividend, the register of members of the company will be closed from June 15, 2021 to June 17, 2021, both days inclusive, during which no transfer of Shares will be registered.
Nexteer Automotive Group Limited is an investment holding company. It is engaged in the design and manufacture of steering and driveline systems, advanced driver assistance systems (ADAS) and automated driving (AD) and components for automobile manufacturers and other automotive-related companies. Its operations are in the United States, Mexico, the Peopleâs Republic of China (China), Poland, India, Morocco and Brazil. The principal markets for its products are North America, Europe, South America, China and India. Its product line includes electric power steering & steer-by-wire, steering columns, driveline, hydraulic power steering, software and megatrend alignment. Its power steering & steer-by-wire includes Column Assist Electric Power Steering, Intermediate Shafts, Premium Eps Rack & Pinion Gears, Modular Power Packs, Single & Dual Pinion Assist EPS and others. Its steering columns include Power Tilt & Telescope, Power Rake & Telescope, Manual Rake & Telescope and others.