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HPG: BOD approved the plan to pay dividends for 2019
HOSE - 6/30/2020 3:52:00 PM
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The Board resolution dated June 29, 2020, the BOD of Hoa Phat Group Joint Stock Company approved the plan for 2019 dividend payment. Details are as follows:

1)      Plan for stock issuance to pay dividends:

-          Stock name:          Hoa Phat Group Joint Stock Company

-          Stock code:           HPG

-          Stock type:            common share

-          Number of shares issued: 2,761,074,115 shares

-          Number of outstanding shares: 2,761,074,115 shares

-          Number of treasury shares: 0 share

-          Exercise ratio: 20% (Shareholder who owns 10 shares will receive 02 new shares).

-          Expected issue volume: 552,214,823 shares

-          Total value (based on par value): VND 5,522,148,230,000

-          Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.

-          Time of implementation: expected in June 2020 or August 2020.

2)      Plan for cash dividends payment:

-          Exercise ratio: 5% (500 dongs/share)

-          Time of implementation: expected in June 2020 or August 2020.

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