SJC to delay dividend payment

The northern bourse-listed Song Da 1.01 Joint Stock Co (coded SJC) has recently announced to delay the dividend payment date for one more month because the company could not arrange the capital source for paying dividend.

As planned, SJC would advance 2011 dividend in cash at applied rate of 17 percent or 1,700 dong per share for existing shareholders, starting from July 2, 2012. However, because the company could not arrange sufficient capital source for that purpose, the leaders of Song Da 1.01 decided to delay the payment date until August 6, 2012.

 

Category: Stocks