HTN: Approved the stock issuance to pay dividend The Board resolution dated October 22, 2021, the BOD of Hung Thinh Incons Joint Stock Company approved the stock issuance plan to pay dividend with details as follows:
- Stock name: Hung Thinh Incons Joint Stock Company
- Stock type: common share
- Par value: VND10,000/share
- Number of shares issued: 49,509,201 shares
- Number of outstanding shares: 49,509,201 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 39,607,360 shares
- Total value of issuance (at par value): 396,073,600,000 dongs
- Exercise ratio: 100:80 (Those who own 100 shares will receive 80 new shares)
- Time of implementation: 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 units, the fractional shares (if any) will be cancelled.
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