The Board resolution dated June 06, 2022, the BOD of Ha Do Group Joint Stock Company approved the plan to issue shares for 2021 dividend payment with details as follows:
- Stock name: Ha Do Group Joint Stock Company
- Stock type: common share
- Par value: VND10,000/share
- Number of shares issued: 203,838,815 shares
- Number of outstanding shares: 203,838,815 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 40,767,763 shares
- Total value of issuance (at par value): VND407,677,630,000
- Exercise ratio: 20%
- 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 118 shares. With 20% exercise ratio, the shareholder A will receive: 118*20/100 = 23.6 shares. According to rounding policy, the shareholder A will receive 23 new shares and fractional shares of 0.6 share will be cancelled.
- Time of implementation: expected in Quarter II/2022 or Quarter III/2022, after being approved by the State Securities Commission of Vietnam (SSC).
- Transfer restriction: none.