DIG to issue 30m shares as dividend payout

Southern bourse-listed Construction Development and Investment Joint Stock Corp (coded DIG)'s board of directors recently passed a plan to offer 30 million shares totalled at 300 billion dong to pay dividend for 2009 at the ratio of 7:3 in Q4.

With issuing 30 million shares, DIG will finalise its chartered capital increase plan to one trillion dong.

Earlier, the company succeeded in retailing 10 million shares to hike chartered capital from 600 billion dong to 700 billion dong.
As planned, these shares will be officially listed on the Hochiminh Stock Exchange (STC) from November 20.

Reportedly, in Jan-Sep, DIG earned over 1.1 trillion dong of revenue, up 165.7 percent year-on-year, 520 billion dong of pre tax profit, rising 79 percent, and the company's after tax profit increased 53.2 percent to 426.5 billion dong.