Intellasia News Services -- Sieu Thanh JSC plans 15% dividend advance

Sieu Thanh JSC plans 15% dividend advance
Source: 10/Mar/2010 Intellasia | 09/Mar/2010 CafeF
10 Mar, 2010 - 9:27:01 AM
Under the resolution of Sieu Thanh Joint Stock Co (coded ST8)’s director board on March 8, the company decided to advance 15% dividend in shares for the second phase of 2009 and list additional shares on the Hochiminh Stock Exchange (STC).

The dividend payment will be carried out at the ratio of 20:3 (shareholders holding 20 old shares will receive three new shares).
The capital for dividend payment is from the company’s non-distributed profit source.