FMC: Cash Dividend Payment
Sao Ta Foods Joint Stock Company announces the record date to close shareholder list:
- Stock symbol: FMC
- Stock type: Common stock
- Par value: VND 10,000
- Ex-right date: May 23, 2011
FMC’S 2010 ANNUAL GENERAL MEETING SUCCESSFULLY HELD
On April 22, 2011, FMC held Annual General Meeting 2010 in Soc Trang. Most of shareholders were shrimp farm owners, shrimp raw material suppliers, and fellow-business parties, so approximate 70% of shareholders and shareholders’ representatives attended the meeting.
FMC’s Activities in the first quarter of 2011
In the first quarter of 2011, FMC has processed 1,032 MT of shrimp finished-products. Concurrently, 1,243 MT of shrimp products (including inventory quantity) and 274 MT of vegetable products were consumed. Total turnover reached USD 14 millions equivalent to 165% compared to the same period of 2010. Profit is estimated approximately VND 4 billions.
ANNOUNCEMENT OF THE 2010 ANNUAL GENERAL MEETING OF SHAREHOLDERS
NOTICE
(ANNUAL GENERAL MEETING 2010)
To: The Esteemed Shareholders of Sao Ta Foods Joint-Stock Company
FMC: The record date for the 2010 annual shareholders’ meeting
HOSE announces the record date for the 2010 annual shareholders’ meeting of Sao Ta Foods Joint Stock Company as follows:
FMC : Announcement of the first dividend in 2010
Sao Ta Foods Joint-Stock Company (FIMEX VN) announces the record date for the first dividend in 2010 in cash:
- Stock symbol: FMC
Storm Being over
Until September this year, FMC was in the advancing impetus of recovering production capacity as well as production and business efficiency. Suddenly, unexpected problem that Japanese Government detected residue of banned chemical in shrimps of CP VN Company led all projects to be confused. In October, a consignment of FMC fell into same situation with several fellow traders. Shipments to Japan were delayed because FMC’s Board of leaders should have time to regulate and keep close control of raw material.