PDR: BoD approves to issue shares to the first phase of 2020 dividend payment

On August 21, 2020, the Board of Directors of Phat Dat Real Estate Development Corp approved a plan for issuing shares to the first phase of 2020 dividend payment:

-          Exercise ratio: 7% (Those who own 100 shares will receive 07 new shares.)

-          Estimated issue volume: 25,917,700 shares

-          Total issue value: VND259,177,000,000.

-          Financial resource: from 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 3 and Quarter 4,  2020

HOSE

>   ECI: Notice of record date for dividend payment in cash (24/08/2020)

>   LMI: Notice of record date for dividend payment in cash (24/08/2020)

>   NHH: Resolution on the dividend payment (24/08/2020)

>   TAC: Resolution on the dividend payment (24/08/2020)

>   DWS: Notice of record date for dividend payment in cash (24/08/2020)

>   TAR: Notice of record date for dividend payment for outstanding shareholders (21/08/2020)

>   RAL: Record date for dividend payment & collection of shareholders’ opinions (21/08/2020)

>   HID: Reminded of dividend payment (21/08/2020)

>   HID: Reminded of dividend payment (21/08/2020)

>   RAL: Board resolution on dividend payment & collection of shareholders’ opinions (21/08/2020)