The Board resolution dated September 04, 2020, the BOD of Saigon Real – Estate Joint Stock Company approved the plan to issue shares for dividend payment to raise its charter capital from VND 455,399,180,000 to VND 600,000,000,000. Details are as follows:

-          Stock name: Saigon Real – Estate Joint Stock Company

-          Stock code: SGR

-          Stock type: common share

-          Par value: VND 10,000/share

-          Number of shares issued: 45,539,918 shares

-          Number of outstanding shares: 45,539,907 shares

-          Number of treasury shares: 11 shares

-          Number of shares expected to be issued: 14,460,082 shares

-          Total value: VND 144,600,820,000

-          Expected charter capital after the issuance: VND 600,000,000,000

-          Issue ratio: 31.75255% (Shareholder who owns 100 shares will receive 31.75255 new shares).

-          Plan to deal with fractional shares: The distributed shares will not be rounded down, the fractional shares will not be restricted transfer.

-          Time of implementation: expected in Q4.2020.