Ba Ria – Vung Tau House Development Joint Stock Company announces Board Resolution No.44/QD-HDQT dated May 06, 2021. Accordingly, the Board of Directors approved the stock dividend payment for 2020 as follows:

-          Stock code:                                                     HDC

-          Stock type:                                                      common stock

-          Par value:                                                        VND10,000/share

-          Number of issued shares:                                66,515,837 shares

-          Number of outstanding shares:                       66,515,837 shares

-          Number of treasury shares:                             0 shares 

-          Number of shares expected to be issued:       16,628,959 shares 

-          Value of shares expected to be issued (based on par value): VND166,289,590,000

-          Issue ratio:                                                      25% on the outstanding volume

-          Financial resource for the issue: the undistributed after-tax profit until 12/31/2020.

-          Issue date:                                                       in Quarter II of 2021 

-          Plan to deal with fractional shares: The shares newly issued to shareholders will be rounded down to units. The fractional shares (if any) will be cancelled.

For example, on the record date, shareholder A owns 301 shares. Shareholder A will receive: (301 x 25)/100 = 75.25 shares. After rounded down, the real number of shares shareholder A receives will be 75 new shares. The fractional part (0.25) will be cancelled.

-          The newly-issued shares will be deposited at the Vietnam Securities Depository and listed on the Hochiminh Stock Exchange.