Foreign Trade Development and Investment announced the resolution of the Board of Director dated November 15, 2012:
Article 1: The meeting approved to change plan for additional
issue:
-
Issuer: Foreign Trade Development and Investment
-
Stock symbol: FDC
-
Stock type: common stock
-
Par value: VND10,000/shares
-
Total shares outstanding:
20,227,308 shares
-
Total issue volume: 1,011,365 shares
-
In which:
+
Payment stock dividends (3%):
606,819 shares
+
Number of the issuance from equity sources (2%): 404,546 shares
+
Total value: VND10,113,650,000
-
Purpose: to pay stock dividends of the year 2011 to the
existing shareholders with ratio of 3% and to issue shares with ratio of 2%
which increasing charter capital from equity sources.
-
Object of the issuance: shareholder named in the list at
record dated
-
Financial resource:
+
Retained earnings until December 31/2012: VND6,068,190,000
+
Investment & Development fund until December 31/2012:
VND4,045,460,000
+
Exercise ratio: 100:5
-
The one who owns 100 shares at the record date will receive
05 new shares
-
In which:
+
Payment dividends from profit after tax with ratio: 100:3
+
Issuing shares to increase charter capital from Investment
& Development fund with ratio: 100:2
-
The distributed shares will be rounded down. The fractional
shares will be canceled
-
Time of implementation: expected after the AGM approved.
-
Listing additional shares:
+
New shares will be listed on HOSE and deposited at Vietnam
Securities Depository
+
The meeting authorized the Board of Directors to
implement.
Article 2: The meeting approved to adjust business
plan for 2012:
-
Revenue: VND163,000 million
-
Profit before tax: VND40,100 million
-
Profit after tax: VND30,000 million
Article 3: The
resolution is valid as from November 15, 2012.
