VEA - Shareholders focus on HOSE/HNX listing - AGM Note
  • 2021-06-25T20:54:17
  • Company Research
We attended VEA’s AGM on June 25. The meeting focused on the company’s plan to move its share listing to HOSE as well as its dividend plans.FY2020 cash dividend: VND4,990/share (yield of 10.3%), which is slated to be paid in H2 2021. VEA's FY2020 cash dividend trails our forecast of VND5,400/share mainly due to potential write-offs of the parent entity's non-performing loans to subsidiaries and associates.