Hai An Transport and Stevedoring Joint Stock Company (HAH: HoSE) has just announced a resolution by its Board of Directors to approve the contribution of capital to establish a new company named Hai An Green Shipping Lines Limited Company.
Accordingly, this newly established enterprise is a multi-member limited liability company, with its head office located on the 3rd floor of Hai An Building, Km2 Dinh Vu Road, Dong Hai Ward, Hai Phong City.
The expected chartered capital is VND 1,000 billion, in which Hai An Stevedoring contributes VND 400 billion, equivalent to a 40% ownership rate, and appoints Mr. Vu Thanh Hai as its representative for this contributed capital.
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Recently, Vietnam Container Shipping Joint Stock Company (Viconship, VSC ticker symbol) also announced a resolution of its Board of Directors on contributing capital to establish the aforementioned Hai An Green Shipping Lines Limited Company.
Accordingly, Viconship will contribute 60% of the chartered capital, equivalent to VND 600 billion, and authorize Mr. Ta Cong Thong, CEO of VSC, to represent this contributed capital.
It is known that the Viconship group is currently holding 15.307% of the chartered capital of Hai An Stevedoring. In addition, Mr. Nguyen Xuan Dung, Chairman of the Board of Viconship, and Mr. Ta Cong Thong, Member of the Board of Directors and General Director, currently hold the position of Member of the Board of Directors at Hai An Stevedoring.
In another development, Hai An Stevedoring has just reported on the results of its bonus share issuance to pay dividends for 2024.
Accordingly, by August 8, Hai An Stevedoring had distributed 38.96 million bonus shares to 14,293 shareholders. There were 1,531 fractional shares canceled.
The entitlement ratio is 10:3. The source of capital is from undistributed post-tax profits on the 2024 audited financial statements. The expected date of share transfer is in September 2025.
After this issuance, Hai An Stevedoring increased the number of voting shares in circulation to 168.86 million, equivalent to a chartered capital of VND 1,688.6 billion.
In addition to paying dividends in shares, HAH also paid dividends for 2024 to shareholders in cash at a rate of 10%, meaning that for every 1 share owned, shareholders will receive VND 1,000 in dividends. The expected payment date is August 28, 2025.
With nearly 129.9 million HAH shares currently trading in the market, the company is expected to spend nearly VND 129.9 billion on this dividend payment.
It is known that the above dividend payment plan was approved by the shareholders of Hai An Stevedoring at the 2025 Annual General Meeting of Shareholders held on June 26, 2025.
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