Hochiminh Stock Exchange (STC)-listed Go Dang Joint Stock Co (coded AGD)'s director board has recently decided to issue four million bonus shares from the company's capital surplus and pay dividend in shares to shareholders.
These bonus shares will be offered to the existing shareholders and members of the company's director board and key staff.
After the share issuance, AGD's chartered capital will be raised from 80 billion dong to 120 billion dong.
The capital being raised from the shares issuance will be invested in building factory, real estate projects, and production expansion.
In addition, AGD's director board also passed this year's business plan with 660 billion dong revenue, 30 billion dong after tax profit and 20 percent dividend payment.
AGD announced to hold annual shareholders' meeting on April 8 at the company's hall in My Tho industrial zone in the southern province of Tien Giang.
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