PV2 seeks for approval in raising chartered capital to 500b dong

The northern bourse-listed PVI Investment and Development Joint Stock Co (coded PV2) will hold the annual shareholders meeting on April 7, in which the company will seek approval for raising its chartered capital from 373.5 billion dong to 500 billion dong in 2011.



The company targeted to hike chartered capital to 1 trillion dong by the year of 2015.



In details, this year PV2 will offer additional shares to exisiting shareholders under the ratio of 3:1; issue 200,000 shares for members in management board, supervision board and current employees.



The company’s leaders will also submit the 2011 business plan to the shareholders with targeted revenue of 250.477 billion dong, pre-tax profit of 69.905 billion dong and after tax profit of 45.987 billion dong. The 2011 dividend was expected at 10 percent ratio.

Tags: Vietnam companies, Vietnam stock news

Posted by VBN on Mar 30 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