Results of FPT Extraordinary Shareholders’ Meeting:

 

In accordance with this plan, during the 3^rd quarter of 2009, FPT will issue bonds with warrants with the nominal value of 100,000 VNDs/bond or a multiple of 100,000 VNDs, and the total value of these issued bonds will not exceed 1,800 billion VNDs. As scheduled, FPT’s will-be-issued bonds will have a 3-year term with the periodical dividends of 5% – 7%/year.

On the basis of the plan that earnings per share (EPS) of the whole 2009 are 6000 VNDs/share, FPT’s Extraordinary Shareholders’ Meeting passed the plan of paying dividends in the form of cash (not less than 2,500 VNDs/share) for 2009. 

Basing on the real business results, Board of Management will decide the rate of advanced dividends at different points of time during the year as well as relating issues, assuring that it will not affect the business activities of the corporation.

In addition, FPT Information System Co., Ltd. and FPT Trading Co., Ltd. will be changed into the form of joint-stock companies through the sales of 5% of the charter capital at the issuing time in the form of preferred stocks for staff with one-year transference limitation, and the price will be equal to the nominal price (10,000 VNDs/share).

Those who are eligible to buy these stocks are the staff who have contributed to the production and business, good officers, experts in business, IT, … of the company. As scheduled, 2 weeks after the privatization plan has been passed by the Extraordinary Shareholders’ Meeting, the 2 companies mentioned above will start to sell stocks.

FPT Corporation’s regulations have also been amended to answer the development need of FPT. The amended articles were related to: charter capital, shares, founding shareholders; share transference; shareholders’ rights; rights and duties of the AGM … 

For more information, please have a look at: http://fpt.com.vn/vn/quan_he_co_dong/2009/06/29/13344/