According to the decision dated April 27, 2020, the BOD of Phat Dat Real Estate Development Corp approved to implement the plan to pay stock dividend to existing shareholders:
- Stock name: Phat Dat Real Estate Development Corp
- Stock code: PDR
- Stock type: common share
- Par value: VND 10,000
- Exercise ratio: 13% (Shareholder who owns 100 shares will receive 13 new shares).
- Expected issue volume: 42,595,536 shares
- Expected issue price: VND 10,000
- Total value: VND 425,955,360,000
- Plan to deal with fractional shares: The distributed shares will not be rounded down to dozen, the fractional shares due to rounding down will be cancelled.
- These shares will not be restricted the transfer
- Time of implementation: expected in Q2.2020.