Shanghai New World Co., Ltd Announces Cash Dividend for the Year 2018, Payable on August 23, 2019
August 17, 2019
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Shanghai New World Co. Ltd. implemented the scheme of rights and interests distribution for 2018 as a cash dividend of RMB 0.13 (taxes included) per A share. Record date is August 22, 2019. Ex-dividend date is August 23, 2019. Cash dividend payable date is August 23, 2019.
Shanghai New World Co Ltd is a China-based company mainly engaged in department store retail enterprises integrating modern department stores, tourism, leisure and entertainment comprehensive consumption. The Company operates its businesses through four segments. The Commercial segment is principally engaged in department store retail. The Pharmaceutical Industry segment is mainly engaged in the sales of various types of chinese medicinal materials, chinese patent medicines, western medicines, ginseng and antler supplements, nutritional health products and medical equipment. The Hotel Services segment is principally engaged in the operation of Radisson brand hotels managed by Radisson Hotel Group. The Company is also engaged in other businesses segment. The Company mainly operates its businesses in the domestic market.