In a special board meeting Monday, the Cityland directors â€œpassed and unanimously approvedâ€¦ a 10 percent stock dividend from unappropriated retained earnings as of Dec. 31, 2011â€¦â€ the company said in a disclosure to the Philippine Stock Exchange.
To execute the divided the property developer will raise its authorized capital stock to 4 billion shares from 3 billion at a par value of P1.
â€œRecord date of the stock dividend shall be fixed by the Securities and Exchange Commission after clearance and approval,â€ said Cityland. â€”VS, GMA News
Incoming search terms:
- Published News Upcoming News Submit a New Story Groups cooperation, filinvest land, Published News Upcoming News Submit a New Story Groups general motors corp