{"id":38465,"date":"2025-11-12T12:10:00","date_gmt":"2025-11-12T05:10:00","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=38465"},"modified":"2025-11-12T12:10:00","modified_gmt":"2025-11-12T05:10:00","slug":"c-o-r-r-e-c-t-i-o-n-heng-ren-partners","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=38465","title":{"rendered":"\/C O R R E C T I O N — Heng Ren Partners\/"},"content":{"rendered":"

In the news release, Independent Sinovac Shareholders Express Strong Support for Immediate Dividend Payment, issued Nov. 11, 2025<\/span> by Heng Ren Partners over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:<\/p>\n

Independent Sinovac Shareholders Express Strong Support for Immediate Dividend Payment<\/h3>\n

<\/p>\n

BOSTON<\/span><\/span>, Nov. 12, 2025<\/span><\/span> \/PRNewswire\/ — Sinovac\u00a0Biotech Ltd.\u00a0(NASDAQ: SVA) shareholder\u00a0Heng Ren Silk\u00a0Road Investments LLC today announced that\u00a0it\u00a0has heard from more than 100 independent Sinovac shareholders expressing overwhelming support for the immediate payment of a $19.00<\/span> dividend previously declared by the board.<\/p>\n

Sinovac’s\u00a0stock has\u00a0been\u00a0halted from\u00a0trading\u00a0since 2019.\u00a0As\u00a0a\u00a0result,\u00a0Sinovac shareholders\u00a0missed out on an extraordinary windfall from the success of its COVID-19 vaccine, CoronaVac, and its billions of dollars in sales during the pandemic due to the trading halt.\u00a0In July 2025<\/span>, the current Board paid a $55.00<\/span> dividend to shareholders as partial compensation for dividends that had not been paid during the trading halt.<\/p>\n

The board declared an additional $19.00<\/span> dividend per common share on June 17<\/span>, 2025.\u00a0The dividend was announced as part of the current board’s effort to pay independent Sinovac shareholders dividends they did not receive but which had been paid to certain affiliates and insiders who were minority shareholders of Sinovac subsidiaries.<\/p>\n

More than four months later, Sinovac has failed to announce record and payment dates for the declared dividend.<\/p>\n

Sinovac’s failure to provide an update on the promised dividend is especially surprising as both the current board and the SAIF-led consortium that is seeking to replace the current board campaigned on the promise to pay dividends to benefit Sinovac shareholders.<\/p>\n

“All of the decisionmakers with influence in the Sinovac saga \u2013 the board, insiders, and management \u2013 should understand and respect the wishes of independent shareholders,” said Peter Halesworth<\/span>, the founder of Boston, Massachusetts<\/span>-based Heng Ren. “Independent shareholder support in favor of dividends is clear and overwhelming. The current board should set record and payment dates for the promised $19.00<\/span> dividend now.”<\/p>\n

For more information about the “Sinovac Fairness” campaign led by Heng Ren, please see https:\/\/www.hengreninvestment.com<\/a><\/u> for more details.<\/p>\n

Correction:\u202f<\/span>An earlier version of this release included incorrect public media information.<\/span><\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

In the news release, Independent Sinovac Shareholders Express Strong Support for Immediate Dividend Payment, issued Nov. 11, 2025<\/span> by Heng Ren Partners over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:<\/p>\n

Independent Sinovac Shareholders Express Strong Support for Immediate Dividend Payment<\/h3>\n

<\/p>\n

BOSTON<\/span><\/span>, Nov. 12, 2025<\/span><\/span> \/PRNewswire\/ — Sinovac\u00a0Biotech Ltd.\u00a0(NASDAQ: SVA) shareholder\u00a0Heng Ren Silk\u00a0Road Investments LLC today announced that\u00a0it\u00a0has heard from more than 100 independent Sinovac shareholders expressing overwhelming support for the immediate payment of a $19.00<\/span> dividend previously declared by the board.<\/p>\n

Sinovac’s\u00a0stock has\u00a0been\u00a0halted from\u00a0trading\u00a0since 2019.\u00a0As\u00a0a\u00a0result,\u00a0Sinovac shareholders\u00a0missed out on an extraordinary windfall from the success of its COVID-19 vaccine, CoronaVac, and its billions of dollars in sales during the pandemic due to the trading halt.\u00a0In July 2025<\/span>, the current Board paid a $55.00<\/span> dividend to shareholders as partial compensation for dividends that had not been paid during the trading halt.<\/p>\n

The board declared an additional $19.00<\/span> dividend per common share on June 17<\/span>, 2025.\u00a0The dividend was announced as part of the current board’s effort to pay independent Sinovac shareholders dividends they did not receive but which had been paid to certain affiliates and insiders who were minority shareholders of Sinovac subsidiaries.<\/p>\n

More than four months later, Sinovac has failed to announce record and payment dates for the declared dividend.<\/p>\n

Sinovac’s failure to provide an update on the promised dividend is especially surprising as both the current board and the SAIF-led consortium that is seeking to replace the current board campaigned on the promise to pay dividends to benefit Sinovac shareholders.<\/p>\n

“All of the decisionmakers with influence in the Sinovac saga \u2013 the board, insiders, and management \u2013 should understand and respect the wishes of independent shareholders,” said Peter Halesworth<\/span>, the founder of Boston, Massachusetts<\/span>-based Heng Ren. “Independent shareholder support in favor of dividends is clear and overwhelming. The current board should set record and payment dates for the promised $19.00<\/span> dividend now.”<\/p>\n

For more information about the “Sinovac Fairness” campaign led by Heng Ren, please see https:\/\/www.hengreninvestment.com<\/a><\/u> for more details.<\/p>\n

Correction:\u202f<\/span>An earlier version of this release included incorrect public media information.<\/span><\/p>\n

<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-38465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/38465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38465"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/38465\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}