The Board resolution dated June 09, 2021, the BOD of Dat Phuong Joint Stock Company approved to implement the plan for stock issuance to raise capital as follows:
- Stock name: Dat Phuong Joint Stock Company
- Stock code: DPG
- Stock type: common share
- Par value: VND10,000/share
- Number of shares issued: 44,999,810 shares
- Number of outstanding shares: 44,999,810 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 17,999,924 shares
- Total value of issue (based on par value): VND179,999,240,000
- Issue ratio: 40% (100:40) (shareholder who owns 100 shares will receive 40 new shares)
- The rights should be transferred only once.
- Estimated execution time: Quarter II/2021 or Quarter III/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 dozen, the fractional shares due to rounding down will be cancelled.