Dong Tam Co to hike chartered capital

Saturday, May 17, 2008
Dong Tam Joint Stock Co (DTC)'s shareholders' meeting recently passed the plan to scale up its chartered capital to 679 billion dong from the current of 523.9 billion dong via offering 15,505,250 additional shares to existing shareholders and strategic partners.

This year, the company together with its subsidiaries plan to jointly carry out 12 projects with the total investment capital of 1.211 trillion dong.

This year, DTC targets 1.5 trillion dong in revenue, 250 billion dong from after tax profit and dividend of 25-30% while that figures were 508.79 billion dong, 102.58 billion dong and 17% divided in 2007 respectively.