Rubber firm announces May 19 as ex-interest session

11-May-2010 Intellasia | CafeF | 6:32 PM Print This Post

Ho Chi Minh Stock Exchange (STC) announced that May 21 would be the registration deadline to close the shareholders list of Da Nang Rubber Joint Stock Co (coded DRC). The ex-interest session would be May 19.

As planned, DRC planned to allocate 15,384,624 bonus shares for existing shareholders at a ratio of 1:1. The expected payment date would be June 25, 2010.

After this share-issuing period, the company’s chartered capital will be doubled from 153.8 billion dong to 307.7 billion dong.

In the first three months of this year, DRC reported earning net revenue of 427.4 billion dong, pre-tax profit and after tax profit of 66.5 billion dong and 49.8 billion dong respectively.

After May 10 trading session, DRC-coded shares stood still at 114,000 dong per share with 101,610 units being transferred.


Category: Stocks

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