Song Da 909 subsidiary to pay dividend in shares

Tuesday, May 6, 2008
Song Da 909 Joint Stock Co (coded S99) recently announced that it would hike chartered capital via paying 2007 dividend in shares and offering more bonus shares to the existing shareholders.
In particular, the registration deadline for the company to close the list of shareholders book to is on May 16 so as to offer 1,473,970 shares to the existing shareholders at the ratio of one new share for one share held.
Of which, the company plans to pay 96% dividend in shares with the total volume of 1,415,011 shares and offer more 4% or 58,959 bonus shares.