ITD proposes 2010 dividend payment at 22pct


Tien Phong Investment and Technology Development Joint Stock Co (coded ITD) has lately announced to approve the dividend payment plan. Accordingly, the company will pay 2010 dividend in cash at 12 percent ratio and in shares at 10 percent.

The company also planned to hold the annual shareholders meeting on April 23, 2011 in Palace Saigon Hotel, No 56-58 Nguyen Hue St, Dist 1, HCM City. At the meeting, the management board will submit the plan of listing shares on Hochiminh Stock Exchange (STC) in 2011.

At present, the company has chartered capital of 116.1 billion dong. ITD mainly operates in trading materials, machines and spare parts in industrial and construction sectors, IT equipment and electronic products.

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Posted by ErulaQuasia on Mar 11 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

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