Tien Bo Group Joint Stock Company (TTB) announced to close its shareholder's list on June 10 and dividend payout ratio at 7 percent on July 30; 5 percent on October 8. At the same time, TTB introduced to sell 3.5 million shares to current shareholders with a cost of VND 10,000 per share
Da Nang Rubber Corp (DRC) announced to close its shareholders’ list on June 5 and issue 8.3million shares, plan for 2014 dividend payout ratio at 10 percent. In 2014, DRC profited VND 452billion, dividend payout ratio at 40 percent. This year, the company targets to reach revenue of VND 3,616billion with net profit of VND 455billion.
Huy Hoang Investment & Services Joint Stock Company (HHS) announced its 2015 business plan; accordingly the revenue is expected to reach VND 1,500billion, gross profit of VND 140billion; 2014 advanced cash dividend payout ratio at 20 percent.
Song Da 505 Corp (S55) released 2015 business plan. Accordingly, S55 expects to reach VND 554.5billion of revenue; gross profit of VND 34.6billion; dividend payout ratio of 20 percent and increase its chartered capital up to VND 49.9billion. In 2014, S55 earned VND 421billion, fulfilled 76 percent of its yearly target; gross profit of VND 24.5billion, passed 26 percent of its plan.
Binh Duong Trade and Development JSC (TDC) announced its business plan for 2014 with revenue target at more than VND2.35 trillion, post-tax profit at VND157.9 billion, and minimum dividend payout ratio at 13 percent. Last year, the company’s revenue was estimated at nearly VND1.99 trillion with net profit at VND154.1 billion, and dividend payout ratio at 13 percent. The company is working on the plan to issue VND500 billion worth of bonds to restructure its finance.