VNStockNews.com - The northern bourse-listed Song Da 6 Joint Stock Co (coded SD6) has lately passed the plan of issuing additional 7.2 million shares for existing shareholders under the ratio of 10:7 in order to raise chartered capital to 175 billion dong.
In addition, the shareholders also approved the 2011 business plan of 750 billion dong in revenue, 42.6 billion dong of after tax profit, dividend payment at 15 percent.
This year, SD6 planned to spend 294 billion dong of total investment value. The company will invest 65 billion dong in two projects of Tan Lap alcohol plant in Khanh Hoa province and Yen Son hydropower plant in Tuyen Quang province; 118.7 billion dong for upgrading the construction equipment capacity and 110.3 billion dong for making investment in other enterprises.
