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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.