KDH, ORS, KHA announce shareholder transaction, dividend payment

Khang Dien Investment & Trading House JSC (KDH) and Orient Securities Corporation (ORS) announced transaction of shareholders as follows:

KDH announced that Ly Gia Real Estate Trade Investment Company registered to sell 4.1 million shares from December 3 to 31 to cut its ownership to 15.52 percent, or 7.46 million shares of KDH. Ly Dien Son, representative of Ly Gia Real Estate Trade Investment Company, is also the Chairman cum CEO of KDH.

ORS announced that Sunimex registered to sell all 1.8 million shares until December 27 to divest. Earlier, Saigon General Service Corporation (SVC) also registered to sell all 2.4 million shares of ORS, or 10 percent stake, until December 12.

Khanh Hoi Export-Import Joint Stock Company (KHA) will close the list of shareholders on December 12 to pay dividends for the second term of 2013 in cash at a ratio of 5 percent on December 26.

Earlier, the company advanced dividends for the first term of 2013 at a ratio of 5 percent on August 22. This year, the company has set revenue target at VND77 billion, pre-tax profit at VND35 billion, and dividend payout ratio at 15 percent.

Source: Dau Tu Tai Chinh – Translated by Thuy Doan

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