Wednesday 14 May 2008

SC5 construction firm to pay 30% dividend

Thursday, May 15, 2008
Construction Joint Stock Co No 5 (coded SC5)'s shareholders' meeting will be held on May 25 to pass this year's business plan with 878.2 billion dong from after tax profit, 818 billion dong in total revenue including 617.25 billion dong from installation and construction activities, 154.1 billion dong in revenue from housing business activities and 46.64 billion dong from construction materials and equipments, and dividend of 30%, of which 10% in shares and 20% in cash.
This year, SC5 plans to carry out many big projects like My Duc residential area project in ward 21 in Binh Thanh Dist and other projects of apartment, office building and trade centre.