Friday, 05/10/2012 13:47

HPG: Resolution of the BOD

On October 04, 2012, The Board of Directors of Hoa Phat Group Joint Stock Company unanimously approved the following contents:

Article 1:  To pay dividend for 2011 in stock:

-     Exercise ratio: 20%

-     Payment method: in stock

-     Expected issue volume: 69,842,221 shares

-     Expected total value: VND698,422,210,000

-     Source: undistributed profit after tax

-     Expected time of issue shares: from October to December, 2012

Article 2:  To implement the first cash dividend advance of 2012:

-     Exercise ratio: 10% (VND1,000/share)

-     Payment method: in cash

-     Expected time: November, 2012

HOSE

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