Caseamex approved plan to increase capital to VND97 billion

In annual General Assembly of Shareholders

 Specifically, Caseamex distributed 1,450,372 shares (representing 82.86 percent of the expected total number of shares offered). Its charter capital after the issuance is VND 77 billion.

Besides, the company will issue 200,000 convertible bonds with a term of two years, face value of VND 180,000 per bond, coupon rate of 2.3 percent per 2 months, convertible rate of 1:10, convertible share price of VND18,000 per share.

General Assembly also approved a business plan in 2011 and planned to list shares on HOSE in the third-fourth 2011. Accordingly, in 2011, the company strives to reach consolidated net revenue of VND 1,450 billion, consolidated pre-tax profit of VND33 billion and dividend payout ratio of 20%. In 2010, Caseamex reached 1203.67 billion of consolidated net revenue, pre-tax profit of VND26.98 billion and dividend yield of 18%.

Caseamex

Mr. Vo Dong Duc – Chairman and General Director

Add: Lot 2 – 12, Tra Noc Industrial Zone II, Can Tho city

Tel: +84 710 3841989

Fax: +84 710 3841116

E-mail: caseamex@vnn.vn

Web: www.caseamex.com.vn; www.caseamex.com


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Ms Thu Hang

Email: thuhang@vasep.com.vn

Tel: +84.24.3771.5055 (ext. 214)

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