HDG issues bonus shares

Ha Do Group JCS (HDG)’s shareholders have approved the plan to issue 19 million shares to its current shareholders with the ratio at 25 percent.

The first phase, it will issue 11.4 million bonus shares at ratio of 15 percent, with capital sourced from its capital surplus, development investment fund and after tax profit.

The second phase, it plans to issue 7.6 million shares at a cost of VND 10,000 per share with the ratio at 10 percent.

Total mobilization capital is expected to reach VND 76billion, which will be added in Ha Do-Binh Thuan Corp (HDG occupies 75 percent of capital).

In the first quarter of 2018, HDG’s revenue reached VND 240 billion, an increase of 40 percent against 2017; after tax profit was VND 34.5billion.

DO DOAN –Translated by T.Tran

Other news

Most view

Localities dealing with typhoon Bebinca

Localities dealing with typhoon Bebinca

Director of the National Center for Hydro Meteorological Forecasting Hoang Duc Cuong said typhoon Bebinca is forecast to make landfall in the northern and north central region tomorrow August 17, causing continuous torrential rains on a large-scale.

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Economy

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.