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Policies for issuing shares as the dividends' payment of the first interim of 2007

ItaExpress

11/27/2007 02:30 pm

The policies for the dividends' payment of the first interim of 2007

 

Shares: ITA - Tan Tao Investment - Industry Corporation

According to the Shareholders Resolution N0: 03/2007 on 21/11/2007, the policies for dividends of the first interim of 2007 as follows:

I.Policies for issuing:

  1. Stock: Common.
  2. Face Value: VND10,000.
  3. Issuing volume: 15,000,000 (fifteen million) shares
  4. Total Face Value: VND 150,000,000,000 (one hundred fifty billion).
  5. Expected issuing: From 30/12/2007 to January 2008.
  6. Policies: Issuing shares as the dividends' payment of the first interim of 2007 wat a rate of 15% of the net profit of the first six-month in 2007. It means that each shareholder detaining 100 previous shares will receive 15 new additional shares.
  7. Dividends source: A part of Net profit of the six-month in 2007.
  8. Issuing purpose: to pay dividends for the first interim of 2007.

II. Beneficiaries:

The shareholders who are on the registered book of ITACO on 30-12-2007.

III. Policy for payments:

The shareholders who hold 100 shares will have 15 additional shares as the dividends equally to 15% of the net profit of 2007.

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