DIC Corp (Ticker: DIG) has announced plans to issue nearly 36.6 million shares as a 2024 dividend at a ratio of 100:6, meaning shareholders will receive 6 new shares for every 100 rights. The cut-off date for rights allocation is May 30, 2025, with a projected issue value of over 365.9 billion VND, sourced from undistributed after-tax profits as of December 31, 2024. The company also plans to offer existing shareholders a 24.596% stake, corresponding to 150 million shares at 12,000 VND per share, to raise a total of 1.8 trillion VND. Funds will be used to pay off DIG12301 bonds worth 600 billion VND and for ongoing real estate projects. In the Q1 2025 financial report, DIC Corp reported revenue of 152.8 billion VND but incurred a net loss of 45.4 billion VND. Total assets reached nearly 18.91 trillion VND, with 48% in inventory.
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