Seafood producer to issues 2m shares for dividend payment

VNStockNews.com - Dong Hai Ben Tre Joint Stock Co (coded DHC) announced the shareholders' approval for issuing 2 million shares for paying dividend and allocating bonus shares to the existing shareholders in Q4.

In details, the company would issue 1.2 million bonus shares at the ratio of 15 percent, using the capital surplus of over 55 billion dong after the first nine months.

At the same time, the company's shareholders also approved for issuing 800,000 shares for paying 2009 dividend in advance at the ratio of 10 percent. The capital for dividend payment was taken from the undistributed profit in Jan-Sep of 10.14 billion dong.

At present, the company plans to raise 20 billion dong for supplementing its working capital.