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KDH: BOD approves to issue shares
HOSE - 5/19/2021 3:09:00 PM
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On May 18, 2021, the Board of Directors of Khang Dien House Trading and Investment Joint Stock Company approved a plan for issuing shares to the 2020 dividend payment and the Employee Stock Ownership Plan (ESOP):

1)      The Board of Directors of Khang Dien House Trading and Investment Joint Stock Company approved a plan for issuing shares to the 2020 dividend payment as follows:

-          Total issued volume: 578,657,219 shares

-          Outstanding volume: 558,806,579 shares

-          Treasury volume: 19,850,640 shares

-          Exercise ratio: 10% (Those who own 100 shares will receive 10 new shares.)

-          Estimated issue volume: 55,880,657 shares

-          Total issue value: VND558,806,570,000

-          Financial resource: Undistributed profit after tax

-          Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.

-          Time of implementation: expected in Quarter 2.2021.

2)      The Board of Directors of Khang Dien House Trading and Investment Joint Stock Company approved a plan for issuing shares to the ESOP as follows:

-          Total issued volume: 578,657,219 shares

-          Outstanding volume: 558,806,579 shares

-          Treasury volume: 19,850,640 shares

-          Exercise ratio: 1.50%

-          Estimated issue volume: 8,400,000 shares

-          Total issue value: VND84,000,000,000

-          Time of implementation: expected in Quarter 2.2021.

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