Telecommunications
TP raises dividend to 0.12 zloty per share
Poland?s national phone company Telekomunikacja Polska has raised its annual dividend from 0.1 to 0.12 zloty per share. Shareholders of the company, controlled by France Telecom and Kulczyk Holding investment group have agreed to pay as much as 168 million zloty from last year?s earnings as dividends. Yesterday?s meeting recalled one of two board members representing the Polish government, which reduced its stake in TP to less than 5 percent over the last year.
Mining
Kopex wins big in Vietnam
Publicly traded mine building company Kopex S.A. has signed a 106 million dollar contract with Vietnamese coal mine holding Vinacoal to upgrade three local coal mines. Closing of the contract is scheduled later this year after the Vietnamese arrange financing for the...