KMR: Plans to Issue 1.9m Bonus Shares

08-Jun-2012 Intellasia | STC | 7:01 AM Print This Post

Mirae JSC. (KMR)’s Board of directors approved the plan to issue 1,947,035 bonus shares to its existing shareholders at 6-for-100 ratio, according to the Board’s resolution on May 2.

Bonus shares will be rounded down to unit and odd shares (if any) will be bought back for treasury at VND10,000/share.

The firm will use its retained profit, investment and development fund, equity surplus and other legal funds to issue bonus shares.

 


Category: Stocks

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