On October 05, 2022, the BOD of First Real Joint Stock Company approved the plan to issue shares for dividend payment with details as follows:
- Stock name: First Real Joint Stock Company
- Stock type: common share
- Par value: VND10,000/share
- Number of shares issued: 44,615,015 shares
- Number of outstanding shares: 44,615,015 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 8,923,003 shares
- Total value of issuance (at par value): VND89,230,030,000
- Exercise ratio: 20% (100:20) (Those who own 100 shares will receive 20 new shares)
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.
- For example: at the record date, shareholder A owns 126 shares. With 20% exercise ratio, the shareholder A will receive: 126*20/100 = 25.2 shares. According to rounding policy, the shareholder A will receive 25 new share and fractional shares of 0.2 share will be cancelled.
- Time of implementation: expected in October 2022 or November 2022
- Transfer restriction: none.