Dong Tam Co to go public

Thursday, May 15, 2008
Dong Tam Joint Stock Co yesterday May 13 announced that it plans to list shares on Ho Chi Minh City Stock Exchange (HOSE) and expand business sphere to real estate sector and export import goods logistic services.
According to the fiscal report, last year the company earned 509 billion in revenue and 103 billion dong from after tax profit that could be 1.5 trillion dong and 250 billion dong respectively and dividend of 25-30% within this year.
The company also plans to offer more shares to hike its chartered capital from the current of 524 billion dong to 679 billion dong in this year.