September 6, 2011

Vietnam's TS4 to defer cash dividend

Vietnamese seafood producer TS4 as listed on Ho Chi Minh Stock Exchange will delay the payment of a cash dividend of $0.05/share for 2011 till December 15.

According to local website Cafef.vn, the firm earlier planned to make the payment on September 20.

The seafood company targets a pre-tax profit of US$2.16 million on revenues of US$31.2 million this year.

Foreigners held a combined 13.04% stake in TS4 as of September 1.