Song Da 6.04 to increase chartered capital to 45b dong

Wednesday, April 23, 2008
Song Da 6.04 Joint Stock Co (coded S64)'s shareholders' meeting recently passed the plan to increase its chartered capital from 20 billion to 45 billion dong through issuing 2.5 million shares.
Of which, 2.4 million shares will be offered to the existing shareholders at the ratio of 1:1.2 (every 120 new shares for 100 shares held) at the price of 20,000 dong per share and the remaining 100,000 shares will be allocated to the company's employees at the same price.
This year, the company targets to bring 81.8 billion dong in revenue, 6.5 billion dong in profit and pay dividend of 15%.