Binh Dinh Agricultural Technique and Materials Joint Stock Co (coded ATM) has withdrawn the application profile for listing shares on the stock market because the company’s number of shareholder was below 100.
In 2008, ATM, with chartered capital of 32.88 billion dong, had submitted application profile to State Securities Commission (SSC) for listing shares on stock market. However, up to August 10, 2011, the company’s chartered capital was posted at 52.5 billion dong only, and amount of shareholders of 96. Therefore, the company’s management board submitted the document for withdrawing application profile and got approval from the State Securities Commission.
As planned, the company set target to reach total net revenue of 600 billion dong, pre-tax profit of 14.5 billion dong and pay dividend at 15 percent.