Heng Ren Partners Calls on Sinovac to Disclose the Record and Payment Dates of the Special Dividend and Distribute an Additional Dividend of $41 per Share
- Heng Ren, a Sinovac shareholder, sent the Board a letter on April 8, 2025, regarding a dividend.
- Heng Ren seeks clarity because Sinovac announced a special cash dividend on April 1, 2025, without specifying record or payment dates.
- More than a week after the announcement, essential dividend details remain undisclosed, and a prior letter went unanswered.
- The letter urges payment of an additional $41 dividend for a total of $96 per share.
- Heng Ren also demands Sinovac resume share trading and disclose the mechanics of dividend payments to benefit shareholders.
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Heng Ren Partners Calls on Sinovac to Disclose the Record and Payment Dates of the Special Dividend and Distribute an Additional Dividend of $41 per Share
BOSTON, April 10, 2025 /PRNewswire/ -- Sinovac Biotech Ltd. (NASDAQ: SVA) shareholder Heng Ren Partners, LLC sent a letter on April 8, 2025, to Sinovac's Board calling on the Board to disclose the record and payment dates of the special…
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Leaning Left1Leaning Right2Center4Last UpdatedBias Distribution57% Center
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