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Last Updated : 09 September 2009 at 17:45 IST

Vietnam Italy Steel sets Q1 2009 dividend at 12%

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Commodity Online
Vietnam Italy Steel JSC. (HCM: VIS) has announced that it will pay dividend at the rate of 12% in cash or VND1, 200 /share for Q1 2009.

Vietnam – Italy Steel JSC is a Vietnam-based steel manufacturer. In case of trading 100,000 shares at minimum, the ex-interest sessions shall be on 18th & 21st 2009 September 2009.

The dividend payment date is anticipated to be on 8th October 2009. Notably, VIS announced that it gained profit of VND 150 billion in Jan-Aug 2009, equal to 600% of its yearly strategy.

VIS closed at 81.5 on Wednesday at Ho Chi Minh Stock Exchange.