Ho Chi Minh City Development Joint Stock Commercial Bank announced the information on a stock issuance to raise capital from the owner’s equity and dividend payment:
1) Stock name: Stock ofHo Chi Minh City Development Joint Stock Commercial Bank
2) Stock type: common share
3) Par value: VND10,000/share
4) Total issued volume: 980,999,979 shares
5) Outstanding volume: 965,921,291 shares
6) Treasury volume: 15,078,688 shares
7) Expected issue volume: 289,776,386 shares
8) Total issue value: VND2,897,763,860,000.
9) Issue ratio (Expected issue volume/Total volume): 30%, in which:
- Stock issuance for the first phase of the 2019 dividend payment: 15%
- A stock issuance to raise capital from the owner’s equity: 15%
10) Financial resource: from the owner’s equity (Capital surplus) and undistributed profit.
11) Record date: October 02, 2020.
12) Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be bought back with price: VND10,000/share.