Business News • MarketWire • Beneficial Holdings Inc. Clarifies Stock Dividend |
Beneficial Holdings Inc. Clarifies Stock Dividend |
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Beneficial Holdings Inc. Clarifies Stock Dividend
MANAGUA, NICARAGUA--(Marketwire - January 13, 2010) - Beneficial Holdings, Inc. (PINKSHEETS: BFHJ), a casino investment and management holding company, today clarified
its previously announced stock dividend.
For every single one share owned by a shareholder on the ex-date (to be
announced), the shareholder will receive six additional common shares.
BFHJ will announce the ex-date for the dividend as soon as practicable.
This may be as soon as a day after the announcement depending on the
Company receiving approval notifications. The ex-date will be in the
future. The company is aiming for a dividend ex-date within fourteen
business days, as an application to FINRA will be submitted immediately
after the Secretary of the State of Nevada accepts our share change
resolution, the Company cannot be certain of the fourteen business day
period as it is contingent on all approvals. However, the Company believes
View More : http://www.marketwire.com/mw/release.do?id=1101018&sourceType=3
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