InvestorsHub Logo
Followers 5
Posts 1122
Boards Moderated 0
Alias Born 05/15/2008

Re: None

Monday, 04/19/2010 10:14:48 AM

Monday, April 19, 2010 10:14:48 AM

Post# of 115222
NEWS on website:
News

Distribution of dividends

Moscow 13:00 (04.19.2010)

Board of Directors Aurus corp. meeting has made decision to :

1)Reserve 70% of the companies net profit for the year 2009 for Modernization, Development of New

Technologies

2)Reserve 20% of companies net profit for 2009 for Working Capital and Reserve Fund

3)Reserve 10% of companies net profit for 2009 for paying Annual Dividend to Aurus Corp. Shareholders


The decision was made in accordance with the Regulations on Dividend Policy of the company, which provides that the amount of funds allocated to dividend payments should not exceed 10% of net income, determined on the basis of the consolidated financial statements of the company.


all my post are just my opinions,
Steve