Doan Xa Port seeks approval for allocating bonus shares and paying 2010 dividend

Doan Xa Port Joint Stock Co (coded DXP) announced to seek approval among the shareholders in the annual shareholders meeting on March 18 about issuing bonus shares and profit allocation.



Accordingly, the company planned to issue bonus shares for existing shareholders under ratio of 2:1. DXP’s chartered capital will be raised from 52.5 billion dong to 78.75 billion dong after issuing the bonus shares.



As for profit distribution method, the company’s management board was seeking approval for paying 2010 dividend in cash at 55 percent.

Previously, DXP had advanced first round dividend at 35 percent ratio. The second round dividend was supposed to be paid in May 2011.

Tags: Vietnam stock news

Posted by accipiept on Mar 15 2011. Filed under Enterprises. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry