VE9 issues bonus shares and allocates dividend in shares

24-Jun-2009 Intellasia | 23/Jun/2009 CafeF | 5:49 PM

VNECo9 Electricity Construction Joint Stock Co (coded VE9) has announced that July 6 would be the deadline to close the list of shareholders for receiving bonus shares and 2008 dividend – phase 2 in shares.

The ex-interest date would be July 2.

In details, the company will pay 2008 dividend – phase 2 in shares at a ratio of 3.03 percent or each shareholder who owns 33 shares will receive one new share. The bonus shares will be paid at a rate of 5 percent or every 20 old shares for one new share.

After this bonus allocation period, VNECO9′s chartered capital will increase from 31 billion dong to about 33.49 billion dong.

The company’s share price on June 23 session dropped by 700 dong to 15,100 dong per share with 1,000 units being transferred.