On October 15, 2018, Vien Dong Investment Development Trading Corporation announces the plan for stock issuance to pay dividend to existing shareholders as follows:
- Stock name: Vien Dong Investment Development Trading Corporation
- Stock code: VID
- Stock type: common share
- Par value: 10,000 dongs
- Number of outstanding shares: 25,522,767 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 2,552,276 shares
- Total value (based on par value): VND25,522,760,000
- Charter capital after the issuance: VND280,750,430,000
- Exercise ratio: 10% (10:1) (Shareholder who owns 10 shares will receive 01 new share.)
- Time of implementation: expected in Q4.2018
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.