Ca Mau Trading Co. allocates bonus shares at 10:1

VNStockNews.com - Ca Mau Trading Joint Stock Co (TMCM) announced December 31 would be the registration deadline to close the list of shareholders for allocating bonus shares for existing shareholders at ratio of 10:1.

TMCM has issued a total of 1,050,000 shares, in which 700,000 shares were allocated to the existing shareholders and the rest would be issued for the company's current employees at offered price of 15,000 dong per share.

Phu Chi Anh, the company's head of department of accounting and finance said that TMCM's total revenue was estimated to exceed 16 percent of the year plan at 2.9 trillion dong, pre-tax profit of 45 billion dong, increasing by 50 percent of the year plan.

The company prepared for listing shares on Ho Chi Minh Stock Exchange (HOSE) in mid-2010.