The Board resolution dated October 22, 2021, the BOD of Hung Thinh Incons Joint Stock Company approved the stock issuance plan to pay dividend with details as follows:
- Stock name: Hung Thinh Incons Joint Stock Company
- Stock type: common share
- Par value: VND10,000/share
- Number of shares issued: 49,509,201 shares
- Number of outstanding shares: 49,509,201 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 39,607,360 shares
- Total value of issuance (at par value): 396,073,600,000 dongs
- Exercise ratio: 100:80 (Those who own 100 shares will receive 80 new shares)
- Time of implementation: 2021 after being approved by the State Securities Commission of Vietnam (SSC).
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be cancelled.