SCJ doubles charter capital

Sep 6th at 13:20
06-09-2013 13:20:23+07:00

SCJ doubles charter capital

Sai Son Cement Joint Stock Company (SCJ) will double its charter capital to VND195.16 billion (US$9.29 million) from VND97.58 billion ($4.64 million), according to an official announcement by the company.

 

Ten per cent of the increase will be funded by issuing shares to pay dividends for 2011, while the company will issue bonus shares to fill the remaining 90 per cent.

In the first six months of the year, SCJ reported VND143.67 billion ($6.84 million) in net revenues, up 12 per cent from 2012.

vietnamnews



NEWS SAME CATEGORY

SBV approves Techcombank plea

The State Bank of Viet Nam (SBV) has approved a plan by Techcombank to add VND30 billion (US$1.43 million) of charter capital.

VietinBank to shift $14m

VietinBank has received approval from the State Bank of Viet Nam (SBV) to contribute supplementary capital worth US$14 million to Indovina Bank Ltd (IVB) so that it...

SBV approves VietinBank charter plan

VietinBank has received approval from the State Bank of Viet Nam (SBV) to raise its charter capital from VND32.661 trillion (US$1.55 billion) to VND37.234 trillion...

Vinamilk to set up subsidiary to rear cattle and poultry

The Viet Nam Dairy Products Joint Stock Company (Vinamilk) announced on its website a decision by its Board of Directors to co-operate with Thong Nhat Thanh Hoa Co...

Sacombank gets approval to increase capital

Sacombank (STB) has announced it has received approval from the State Bank of Viet Nam to increase its charter capital from VND10.74 trillion (US$506.6 million) to...

Steel firm fails to buy target shares

Thep Viet Manufacturing and Trading Company failed to buy the 6.29 million shares in steelmaker Pomina (POM) it had registered for and could only buy 103,570 shares...

Vietinbank targets capital of over $1.7b

Vietinbank (CTG) said it will increase its capital to more than VND37.23 trillion (over US$1.7 billion) by the third quarter.

Truong Thanh sells 20pct stake to foreign partner

Truong Thanh Furniture Corporation (TTF) intends to sell a 20pct stake to a foreign partner as part of its charter capital increase plan.

Seafood firms sell assets to stay in business

Viet Nhat Seafood (VNH) yesterday announced it had to sell some of its assets to raise capital for its operation.

Vietnam's BIDV to issue 510 mln new shares by Sept 2013

The Bank for Investment and Development of Vietnam (BIDV) plans to issue about 510 million new shares by September this year to fund a capital increase and dividend...


MOST READ


Back To Top