Vietnam National Reinsurance Corporation announces the Board Resolution approved on 01/11/2012 as follows:
1. Adjusted operating plan in 2012 (not including the testing operation of Agriculture Insurance):
• Paid premium for reinsurance-inward: VND 1,600 billion
• Net revenues: VND 563 billion
• Profit before tax: VND 300 billion
Including:
+ Profit from investment operation and other operations: VND 261 billion
+ Net profit from insurance activity: VND 39 billion
• Dividend payment 2012: 18%
2. First cash dividend in advance 2012:
• Exercise rate: 10% (shareholders receive VND 1,000 for every share they own)
• Excercise date: from the end of Quarter IV/2012 to the beginning of Quarter I/2013