Shareholders of Far East Shipping Company OJSC (DVMP, basic company of FESCO Transport Group) decided not to pay dividends for 2008, Sergei Generalov, FESCO President is cited by Interfax according to Gudok.
In 2008, the company’s net profit totaled RUR 2 bln 97.723 mln.
The general meeting of the shareholders also approved the company’s financial statements, elected the BoD (9 members), approved a number of transactions and a list of audit companies.