This is the dividend of advance for the 1st session of 2014 that is expected to make payment in March, 2015. In the last year DXG reached the plan for net income of over 134%.
The signing ceremony of comprehensive cooperation agreement between Vietinbank and Dat Xanh
On March 04th, 2015, Dat Xanh Real Estate Services and Construction Joint Stock Company (Securities trading code:
DXG) had a meeting of BOD and decided to approve the advance distribution of a part of profit in 2014. Specifically:
In 2014, DXG reached VND 506.2 billion of net revenue; VND 167.8 billion net income, reaching 134.3% of previous plan.
With the above business results and the policy on profit distribution approved by the General Meeting of Shareholders in 2014, the BOD decided to spend in advance 7% of net income for bonus fund, welfare fund and financial provision; 2.5% of exceeding net income as the bonus for BOD and 2.5% of exceeding net income as the bonus for Management Board.
progress of Sunview Town project, the investor of which is Dat Xanh
Besides, the BOD approved to pay dividend in advance in 2014 10%/par value, by shares. It is known that, in 2014 the General shareholders meeting agreed to approve to authorize the BOD on the basis of business results in 2014 to decide to pay dividend in advance but exceeding 10%/par value.
Thus, together with "confirming the right" on yesterday - March 04th, 2015 to receive the rest dividend part of 2013, which is 7%/par value, the implementation of dividend advance payment in 2014 of 10%/par value this time, the shareholders of DXG will continuously receive dividends before the new general meeting of shareholders is carried out.