Ton Dong A Joint Stock Company (ticker: GDA) will hold its regular annual General Meeting (GAM) for 2025 on June 12, where it will propose transferring its stock listing from UPCoM to HoSE, after previously withdrawing its listing application. The company aims to increase its dividend payout ratio for 2024 to a maximum of 40%, including 10% in cash and 30% in stock, planning to issue 34.4 million new shares. Ton Dong A also intends to issue ESOP shares and shares to existing shareholders at a 3:1 ratio. Furthermore, the company plans to raise 500 billion VND through bonds due for conversion in 2026 at a conversion price of 21,900 VND per share. For its business plan, revenue is expected to reach 18,000 billion VND with a net profit of 300 billion VND in 2025.
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