"Industrial park tycoon" spends more than 1,200 billion VND in dividends

(NLDO) - A series of businesses will pay dividends in cash or stocks, while the "tycoon" of industrial parks nationwide, GVR, will pay a "huge" amount of money.

GVR : According to the announcement of Ho Chi Minh City Stock Exchange (HOSE), Vietnam Rubber Industry Group (GVR) will pay cash dividends in 2023, at a rate of 3%/par value (equivalent to 300 VND/share). The last registration date is November 15 and the expected dividend payment date is December 12, 2024.

With 4 billion shares outstanding, GVR will have to spend about VND1,200 billion to pay dividends to shareholders, in accordance with the profit distribution plan approved at the 2024 Annual General Meeting of Shareholders.

GVR is a state-owned enterprise group that is investing, exploiting, and managing a series of industrial parks across the country. The State Capital Management Committee at Enterprises holds more than 96% of the charter capital of this group.

Many businesses finalize the list of dividends paid in cash or stock this week.

PVS : November 14 will be the day that Vietnam Oil and Gas Technical Services Corporation (PVS) will close the list of shareholders to pay 2023 cash dividends at a rate of 7%/share (1 share receives 700 VND). The expected payment date is December 17, 2024.

With nearly 478 million shares in circulation, PVS will have to spend about VND335 billion to pay this dividend to shareholders, as planned at the 2024 Annual General Meeting of Shareholders.

PMC : Another company that is expected to pay a "huge" dividend is Pharmedic Pharmaceutical Joint Stock Company (code: PMC). The resolution of the company's extraordinary shareholders' meeting approved the return of nearly VND 102 billion in undistributed profit after tax to the development investment fund. The company will pay this amount in cash dividends at a rate of 109%.

The company's Board of Directors also stated that the above dividend rate does not include dividends distributed from the 2024 business plan's after-tax profit of 24% approved by the annual shareholders' meeting on April 20, 2024.

The time to implement the 109% dividend will be decided by the Board of Directors, ensuring compliance with legal regulations.

NVT : Ninh Van Bay Tourism Real Estate Joint Stock Company (NVT) has just received a penalty decision on October 24 from the Hai Ba Trung District Tax Department (Hanoi) regarding administrative penalties for tax violations. With a total amount of tax arrears, fines and late payment of nearly 162 million VND, due to incorrect declaration leading to a shortage of tax payable, the unit has promptly and fully recorded economic transactions that give rise to tax obligations in accounting books, invoices and vouchers.

Ninh Van Bay is the operator of the 5-star Six Senses Ninh Van Bay resort in Nha Trang ( Khanh Hoa ); Ana Mandara Villas Resort & Spa (Lam Dong)...

HSC : Ho Chi Minh City Securities Corporation (HSC, stock code: HCM) has just announced documents for the extraordinary shareholders' meeting. In which there is a plan to offer shares to existing shareholders at par value (VND 10,000/share).

HSC plans to offer nearly 360 million additional shares to shareholders, at a rate of 50% (shareholders owning 2 shares have the right to buy 1 new share).

The amount of money raised from the offering is nearly VND3,600 billion to increase the company's operating capital, help expand its margin lending capacity and supplement capital for proprietary trading activities. The expected offering time is in 2025.

Source: https://nld.com.vn/chung-khoan-truoc-gio-giao-dich-11-11-ong-trum-khu-cong-nghiep-chi-hon-1200-ti-dong-chia-co-tuc-196241110212628169.htm