Pacific Property & Infrastructure Development Joint Stock Company announced a resolution of the Board of Directors date August 28, 2012 as follows:
Article 1: The Board of Directors approved plan for issuing shares
to pay dividend which was approved by the 2012 Annual General Meeting of
Shareholders date May 28, 2012.
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Stock symbol: PPI
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Stock type: Common
stock
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Par value:
VND10,000
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Objects: Existing
shareholders
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Chapter capital at the time of issuance: VND122,167,330,000
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Payment for the 2010 stock dividend with exercise
ratio: 100:10 equivalent 1,221,673 shares.
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Payment for the 2011 stock dividend with exercise
ratio: 100:5 equivalent 610,837 shares.
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Total shares were
issued: 1,832,510 shares equivalent exercise ratio 100:15
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Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional
shares will be canceled.
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Payment date:
expected Quarter 3 and Quarter 4, 2012.
Article 2: The Board of Directors authorized the Director General to
implement necessary procedures to complete the issue.
Article 3: This resolution takes effect from August 28, 2012.
