FMC: The second dividend payment for 2017 delayed

Based on the business performance in 2017, the Board of Directors of Sao Ta Foods Joint Stock Company approved the second cash dividend payment for 2017 under the Board resolution dated October 31, 2017.

However, the Vietnam Securities Depository did not agree the record date for dividend payment because the payment rate exceeds the rate regulated in the resolution of Annual General Meeting 2017 of FMC dated January 31, 2017. Of which, the planned dividend payment rate for 2017 is 30% on par value, but the Company paid 30% on par value with the record date of February 28, 2017.

Therefore, the Company would like to delay the second dividend payment for 2017 and will vote for the issue in the 2018 Annual General Meeting.  

HOSE

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