DLG to issue additional shares in 2012

18-Apr-2012 Intellasia | Vietstock | 1:43 PM Print This Post

In the annual general meeting (AGM) held recently, Duc Long Gia Lai Group Joint Stock Co (coded DLG) has lately approved the 2012 business plan with targeted revenue of 1.2 trillion dong and profit of 55 billion dong.

Last year, the company only reached whole year net revenue of 942 billion dong and profit of about 29 billion dong.

In the following year, DLG expected to gain total revenue of 1.9 trillion dong, profit of 100 billion dong while in 2014, the two figures would be 2.5 trillion dong and 200 billion dong respectively.

In addition, the shareholders also passed the plan of converting 2.134 million bonds before due date in 2012 with applied ratio of 1:10.

This year, the company would issue 15 million shares and three million bonds with face value of 100,000 dong per bond.


Category: Stocks

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