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TEG: Stock issuance for dividend payment
HOSE - 6/7/2023 4:53:00 PM
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   On June 05, 2023, Truong Thanh Energy and Real Estate Joint Stock Company announces the stock issuance for dividend payment as follows:

-          Stock name: Truong Thanh Energy and Real Estate Joint Stock Company

-          Stock type: common share

-          Par value: 10,000 dongs

-          Number of shares issued: 65,591,772 shares

-          Number of outstanding shares: 65,591,772 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued: 7,215,094 shares

-          Total value (based on par value): 72,150,940,000 dongs

-          Exercise ratio: 100:11) (Those who own 100 shares will receive 11 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 186 shares. With 100:11 exercise ratio, the shareholder A will receive: 186 *11/100= 20.46 shares. According to rounding policy, the shareholder A will receive 20 new shares and the fractional shares of 0.46 share will be cancelled.

-          Record date: June 16, 2023.

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