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Dore (00628) proposes shr premium cancellation
2008/08/12 10:46

(Infocast News) Dore Holdings (00628) has proposed to effect a share premium cancellation by cancelling the entire amount standing to the credit of the share premium account of the company and applying the credit arising therefrom towards the elimination of the accumulated losses.

As at 31 March 2008, the amount standing to the credit of the share premium account of the company was $1.387 billion and the amount of accumulated losses of the company was $915.108 million. The remaining balance in the amount of approximately $472.295 million will be credited to the contributed surplus account of the company.

The share premium cancellation will allow the payment of dividends as and when the directors consider it appropriate in the future, the company says. At this stage, the board has yet decided on the future dividend policy of the company. Even in circumstances where the share premium cancellation becomes effective, there can be no assurance that a dividend will be declared or paid in the future, the company says.

http://www.chsec.com.hk/chs_portal/trdmodule/news_p.cfm?Lang…
 
aus der Diskussion: Dore Holdings - neue Casinoaktie aus Macao
Autor (Datum des Eintrages): Sugar2000  (12.08.08 09:28:02)
Beitrag: 147 von 228 (ID:34705591)
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