Accordingly, REE plans to issue nearly 70.7 million shares to pay dividends in 2024 to shareholders at a ratio of 100:15, meaning that shareholders owning 100 shares will receive 15 new shares. The newly issued shares are not subject to transfer restrictions after listing.
The total issuance value calculated at par value is over 706.5 billion VND. The capital is taken from the company's undistributed profit after tax.
Implementation time is immediately after the State Securities Commission (SSC) announces receipt of the issuance report document.
Previously, on April 4, REE paid 2024 cash dividends to shareholders at a rate of 10%, meaning that shareholders owning 1 share will receive 1,000 VND.
With more than 471 million REE shares in circulation on the market, it is estimated that this enterprise has spent more than VND 471 billion on the above cash dividend payment.
In terms of business activities, in the first quarter of 2025, Refrigeration Electrical Engineering recorded revenue of VND 2,068.4 billion, an increase of 12.6% over the same period, and profit after tax of VND 816.8 billion, an increase of 48.8% over the same period last year. In which, gross profit margin improved from 40.3% to 46%.
In 2025, Refrigeration Electrical Engineering aims to achieve this year's revenue of VND 10,248 billion, an increase of more than 22% compared to 2024; and after-tax profit to increase by 21.7%, to VND 2,427 billion.
Thus, ending the first quarter of 2025 with after-tax profit reaching VND 816.8 billion, Refrigeration Electrical Engineering has completed 33.7% of the yearly plan.
In another development, REE recently announced a report on stock trading results of insiders and people related to insiders.
Accordingly, at the end of the trading period from April 17, 2025 to May 16, 2025, the foreign fund from Singapore, Platinum Victory Pte. LTd., failed to purchase nearly 16.04 million registered REE shares. The reason for not completing the transaction was due to unfavorable market conditions.
Immediately after that, this foreign fund continued to register to buy nearly 16.04 million REE shares mentioned above for the purpose of buying shares. The transaction is expected to take place from May 22, 2025 to June 20, 2025 by negotiation or order matching on the stock exchange or transaction through the Vietnam Securities Depository and Clearing Corporation.
If the transaction is successful, foreign fund Platinum Victory Pte. LTd. will increase its ownership of REE shares from more than 195.87 million shares to nearly 211.91 million shares, equivalent to an increase in ownership ratio from 41.59% to 44.99% of capital.
Source: https://baovanhoa.vn/kinh-te/co-dien-lanh-ree-phat-hanh-707-trieu-co-phieu-de-tra-co-tuc-139747.html
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