MoC sells 118.3million of DIG's shares

The Development & Investment Construction (DIG) Corp, said Ministry of Construction (MoC) has registered to sell 118.3 million shares accounting for 49.65 percent of DIG’s total capital within one month starting November 17.

The ministry will sell at a cost of VND 17,000 per share, equal to VND 2trillion totally.

In 2017, DIG targets to reach revenue of VND 1,4trillion, after-tax profit of VND 128 billion and dividend payout ratio at 6 to 8 percent.

In the first 9 months of this year, its revenue was VND 351billion, a decrease of 58 percent compared over last year however; its after-tax profit increased 4 percent to reach VND 40billion.

DO DOAN-Translated by T.Tran

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