PVTrans Sets Dividend Payment Date for 2024 in Shares

PVTrans has announced it will issue over 113.9 million shares as dividends for the year 2024 at a ratio of 100:32, meaning shareholders will receive 32 new shares for every 100 shares held. The deadline for registration is June 20, 2025, with a total issuance value of over 1.139 trillion VND sourced from undistributed profits. This plan was approved at the annual general meeting of shareholders in 2025 to bolster funds for operations and development. For 2025, PVTrans plans to invest 3.551 trillion VND mainly for new vessels but anticipates lower revenue targets of 10.3 trillion VND and a profit of 960 billion VND. Additionally, a vote of shareholders is being held regarding the dismissal and election of new members to the Board of Directors and Supervisory Board for the 2025-2030 term, including candidates Trương Hồng Sơn and Cao Trọng Tuấn.

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