Bright Kindle Resources & Investments, Inc. Declares Cash Dividend
October 02, 2023 at 08:12 am IST
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The Board of Directors of Bright Kindle Resources & Investments, Inc. declared a Cash Dividend of up to PHP 6,113,896.00 which is approximately 12% of the property dividend value to cover the withholding taxes and expenses of the property dividend. The company fixed the cash dividend at PHP 0.0037 per share or a total of PHP 5,661,011.81 to be applied to the payment of any withholding taxes on the property and cash dividends thereby declared, if applicable, or otherwise paid to the stockholder. The President also set the record date on 16 October 2023 to be paid within 30 days from the issuance by the Bureau of Internal Revenue of the Certificate Authorizing Registration of the transfer of BHDI shares from the Company to the stockholders as of record date; Provided, that in case a stockholder is entitled to a fractional BHDI share, the Company shall pay for such fraction in cash based on par value.
Bright Kindle Resources & Investments, Inc. is a Philippines-based holding company. The Company is engaged in the purchase, exchange, assignment, gift or otherwise, and hold, own and use for investment or otherwise, and sell, assign, transfer, exchange, lease, let, develop, mortgage, pledge, deal in and with and otherwise operate, use and dispose of, any and all properties of every kind and description and wherever situated, as and to the extent permitted by law. It is also focused on bonds, debentures, promissory notes, shares of capital stock, or other securities and obligations, created, negotiated or issued by any corporation, association, or other entity, foreign or domestic and while the owner, holder, or possessor thereof, to exercise all the rights and powers, and privileges of ownership or any other interest therein. It offers right to receive, collect and dispose of any and all dividends, interests and income, derived therefrom, and others.
BRIGHT KINDLE RESOURCES & INVESTMENTS, INC. 