UNI to pay 20pct dividend in cash

Vien Lien Joint Stock Co (coded UNI) plans to hold the annual shareholders meeting on June 30, 2012 where the company would seek approval from the participants for 2012 business plan with targeted revenue of 150 billion dong, pre-tax profit of 30 billion dong and paying dividend in cash at 20%.

This year, UNI has planned to convert the 50 billion dong convertible bonds into shares. Each bond with face value of 100,000 dong would be converted into 10 shares at par value of 10,000 dong per share, despite the fact that the company’s current share price was lower than the face value.

By the end of 2012, UNI’s chartered capital was supposed to be raised to about 145 billion dong.

 

Category: Stocks