On July 29, the Board of Directors of Vien Dong Investment Development Trading Corporation approved the plan for issuing shares to pay dividend for 2019 as follows:
− Expected issue volume: 2,807,393 shares
− Expected issue value: 28,073,930,000 dongs
− Charter capital after the share issue: 308,813,320,000 dongs
− Exercise ratio: 10% (those who own 10 shares will receive 01 new share)
− Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.
− Financial resource: the undistributed after-tax profit
− Issue time: late Quarter III of 2020 or early Quarter IV of 2020.