PVI to pay dividend in shares

PetroVietnam Insurance plans to pay its dividend this year in the form of shares.

The company will also offer additional shares at preferential prices as it carries out a plan to raise its charter capital next year from 1 trillion VND (62.5 million USD) to 1.5 trillion VND (93.8 million USD).

In the first nine months of the year, PetroVietnam Insurance earned revenues of 1.6 trillion VND (100 million USD), representing a year-on-year increase of 12 percent over the same period last year.

It projects a revenue of 1.8 trillion VND (112.8 million USD) by year’s end, a year-on-year increase of 14 percent.

VNA

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