HAX issues additional shares for dividend payment and bonus share allocation

21-Jun-2011 Intellasia | Vietstock | 7:31 PM Print This Post

The southern bourse-listed Hang Xanh Auto Services Joint Stock Co (coded HAX) has recently submitted profile for issuing additional shares for purposes of allocating bonus shares, paying dividend and offering shares for strategic partners.

Accordingly, the company will issue 966,701 shares for paying dividend for existing shareholders under ratio of 12 percent.

In addition, HAX will issue 2,094,519 bonus shares for current shareholders under ratio of 26 percent, using the company’s capital surplus and fund for investment and development.

At the same time, the company will offer 975,000 shares for strategic partners at price of no less than 10,000 dong per share.


Category: Stocks

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