MCH finalising bonus share list

Friday, Aug 17, 2018 08:23

Masan Consumer JSC will finalise the list of beneficial shareholders that will receive 79.55 million bonus shares on August 28. — Photo cafef.vn

Masan Consumer JSC will finalise the list of beneficial shareholders that will receive 79.55 million bonus shares on August 28.

The bonus shares are issued at the rate of 15 per cent, meaning each shareholder will receive 15 new shares for every 100 shares she or he holds.

The value of the deal is VND795 billion (US$35.3 million), taken from Masan Consumer’s share premium capital.

According to the company’s audited 2017 financial report, its share premium capital was VND5.08 trillion. Masan Consumer has another VND1.64 trillion worth of treasury shares.

In the first six months of 2018, Masan Consumer recorded VND7.34 trillion in net revenue, up 34 per cent year on year.

Its post-tax profit rose 146 per cent year on year to reach VND1.54 trillion in the first half and its earnings per share was VND2,884.

The company is trading more than 548.7 million shares on the Unlisted Public Company Market (UPCoM) as MCH.

Its shares closed down 0.5 per cent at VND98,500 ($4.38) per share on Thursday. — VNS

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