The board of Finext, the capital investments arm of Hungarian property developer Futureal, will propose to shareholders payment of a HUF 994m dividend from total assets at an annual general meeting on February 20.
The board wants to pay the dividend in there equal installments – in April, July and October – from total assets of HUF 1.82bn. Net assets stand at HUF 1.55bn.
Cordia Lands Investments owns 75.46% of Finext.