On January 16, 2019, the Board of Directors of Landmark Holding Joint Stock Company approved to issue shares for capital increase from the owner’s equity as follows:
- Stock name: Landmark Holding Joint Stock Company
- Stock code: LMH
- Stock type: common share
- Par value: VND10,000/share
- Number of outstanding shares: 23,300,000 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 2,330,000 shares
- Total value (based on par value): VND23,300,000,000
- Exercise ratio: 1:0.1, equivalent to 10% (shareholder who owns 01 share will receive 01 right, and with every 10 rights will be entitled to purchase 01 new shares).
- The number of newly issued shares bought by each existing shareholder will be rounded down. The fractional shares will be cancelled.
- Regulation on rights transfer: The new shares are freely transferable.
- Time of implementation: expected in 2019.