Eden Joint Stock Co to pay dividend in cash

Wednesday, April 23, 2008
Eden Joint Stock Co recently passed the plan to pay a 2007 dividend of 25% in cash to the shareholders after reporting gaining about 16.5 billion dong in after-tax profit on the chartered capital of 52 billion dong.
In 2008, the company targets to earn 27 billion dong in pre-tax profit and 80 billion dong in chartered capital.
Also within this year, Eden will continue carrying out some real estate projects namely Eden Resort Phu Quoc with a total cost of 80 billion dong, Eden Lagi Resort in Binh Thuan, Eden Seaspimex trade centre and entertainment complex in Hoa Binh Road, HCM City's Tan Phu Dist.
Especially, the company will build a 2,000 hotel room system from the north to the south in next five years and set up a new investment fund worth US$100 million to carry out the project.