Lidovit applies for allocating 194,000 bonus shares

VNStockNews.com - The State Securities Commission (SSC) announced on Sep 30 to have received the application profile of Lidovit Commerce and Industry Joint Stock Co for issuing shares for dividend payment and allocating bonus shares for its existing shareholders from the undistributed profit source and investment development fund that had been mentioned in the audited business report 2008.

In details, the company plans to pay 10 percent dividend in cash and to allocate the bonus shares under the ratio of 10 percent.

The issuing methods would be applied in accordance with the resolution of 2009 shareholders' meeting No 01/NQ-DHDCD dated April 18.

Lidovit has chartered capital of 19.44 billion dong. Last year, the company gained 153.99 billion dong of revenue and 6.06 billion dong of after tax profit.