SHB: Plan for stock issuance to pay dividend in 2022

On June 20, 2023, the BOD of Sai Gon – Ha Noi Commercial Joint Stock Bank approved to implement the plan for stock issuance to pay dividend in 2022 as follows:

-          Stock name: Sai Gon – Ha Noi Commercial Joint Stock Bank

-          Stock type: common share

-          Par value: VND10,000/share

-          Estimated issue volume: 552,039,661 shares

-          Total value of issuance (at par value): VND5,520,396,610,000

-          Exercise ratio: 100:18 (Those own who 100 shares will receive 18 new shares)

-          Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.

-          Estimated time of implementation: 2023, being approved by the State Securities Commission of Vietnam (SSC).

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