The Board resolution dated October 22, 2020, the BOD of Thuan Duc Joint Stock Company approved the plan for stock issuance to pay dividend payment. Details are as follows:

-          Stock name: Thuan Duc Joint Stock Company

-          Stock code: TDP

-          Stock type: common share

-          Par value: 10,000 dongs

-          Number of shares issued: 47,999,999 shares

-          Number of outstanding shares: 47,999,999 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued: 5,759,999 shares

-          Total value (based on par value): 57,599,990,000 dongs

-          Issuing ratio: 12% (shareholder who owns 01 share will receive 0.12 new shares).

-          Plan to deal with fractional shares: The distributed shares will be rounded down to dozen, the fractional shares due to rounding down will be cancelled.

-          For example: At the record date, shareholder A owned 115 shares. With 1:0.12 performing ratio, the shareholder A will receive: (115 * 0.12)/1 =13.8 shares. According to rounding policy, the shareholder A receives 13 new shares and fractional shares of 0.8 will be cancelled.

-          Time of implementation: expected in 2020, after being approved by the State Securities Commission of Vietnam (SSC).