VNStockNews.com - DIC Dong Tien Joint Stock Co (HNX-listed DID) has lately approved the investment plan in Phu Long Tan urban area in the 2011 AGM. The company planned to invest 20-25 billion dong in Dong Nai province-based project.
DID planned to raise chartered capital in order to make investment in the project. In addition, the company will also build the new commercial concrete-making station in Bien Hoa City, Dong Nai province with estimated cost of 10 billion dong.
This year, DID expected to reach total production output of 160 billion dong, revenue of 120 billion dond and after tax profit of 11 billion dong.
The company will pay 2010 dividend at ratio of 14 percent in cash.