Fertiliser Co allocates 1.4m bonus shares

The UPCoM-listed Ninh Binh Phosphate Fertiliser Joint Stock Co (LanNinhBinh) has lately submitted the application profile for issuing additional 1.4 million shares for bonus share allocation purpose.

The company planned to allocate bonus shares for existing shareholders under ratio of 4:1. The expected share volume would be 1,398,362 shares. the company planned to use capital source of other ownership capital.

In 2011, the company set targets to reach total revenue of 590 billion dong, pre-tax profit of 45 billion dong and dividend payment of 20% at minimum.

 

Category: Stocks