Rang Dong plastic producer allowed to list

26-Aug-2009 Intellasia | 22/Aug/2009 CafeF | 4:02 PM

Hochiminh Stock Exchange (STC) recently allowed Rang Dong Plastic Joint Stock Co to list 11.5 million ordinary shares valued at 115 billion dong with the face value of 10,000 dong/share on the southern bourse with the share code of RDP.

RDP operates in fields such as producing and trading household plastic, technical plastic, manufacturing equipments for plastic industry, civil and industrial construction, export import activities, materials and machines for plastic sector.

On June 2, 2009, RDP paid 2008 dividend for the company’s existing shareholders (150 dong for one share)

In 2009, the company plans to reach 430 billion dong in revenue, 16.5 billion dong of pre tax profit and 8% dividend payout.