Maserco (MAC): Planned capital increase doubled in 2015
Shareholders General Assembly adopted the company business plan in 2015 with revenue targets 135 billion, profit before tax of 20 billion dividend payment ratio of 10 % .
JSC Supply and Technical Services Maritime – Maserco ( Ticker : MAC ) announced the resolution of the Annual General Meeting of Shareholders in 2015.
General Assembly 2015 Annual Shareholders held on 28.3.2015 adopted shining statement of production and business of the company in 2014. In particular, the total revenue of the company reached 114 billion , interest 5.3 billion net . Compared with 2014 business plan set includes 80 billion turnover and profit after tax of 3 billion is Maserco completed and exceeded the annual plan. In addition, the General Assembly of Shareholders also approved the business plan in 2015 with revenue targets 135 billion, profit before tax of 20 billion dividend payment ratio of 10 % .
Besides, the congress also approved the 2014 dividend payment in shares at the rate of 7 % in net earnings . Another important content that Congress passed the charter capital increase by way of issue of shares to existing shareholders at a ratio of 1 : 1 with a par value of 10,000đ/share and the total number of shares expected company after issuance and dividend is 13.11 million shares vi.Theo calculations, after the chartered capital increased by 107 % compared to the previous amount , the share price MAC likely to decrease by 27 % compared to the price before the capital increase . Currently , the share price is trading around the landmark MAC 14.000đ/share .
The entire amount of over 63 billion received from the capital increase will be used for investment companies 4ha Depot container repair standards in Dinh Vu , complete the reconstruction of Depot 173 Ngo Quyen , buy lifters and container trucks , additional investment machinery for mechanical processing and supplement working capital