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Sai Gon Cable announces to make another payment

Update: November, 30/2012 - 09:39

HCM CITY (VNS) – Sai Gon Cable Corporation (CSG) have announced that they will make a second payment to investors to fulfil a commitment made by the company following its dissolution.

CSG's investors will receive VND700 a share holding on December 6. The company has already paid investors VND9,300 a share. It is expected to make payments in three phases, taking the total money paid out to investors from VND13,000 to VND15,000 (US$0.62-0.72) a share.

CSG was delisted from the HCM City Stock Exchange on October 4 after applying to dissolve. CSG shares closed the last trading at VND12,200 a share.-VNS

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