Thursday, 15/11/2012 16:23

HBC: Hoa Binh Corp to issue shares to its employees

Hoa Binh Construction & Real Estate Corporation has announced that it will issue new shares to its employees in the 2012 Employee Stock Ownership Plan (ESOP).

-         The main contents of the ESOP are as follows:

+          Issuer: Hoa Binh Construction & Real Estate Corporation

+          Trade name: Hoa Binh Corporation

+          Charter capital: VND413,061,340,000

+          Stock code: HBC

+          Stock type: common stock

+          Par value: VND10,000/ share

+          Total number of shares: 41,306,134 shares

+          Number of outstanding shares: 37,333,644 shares

+          Number of treasury shares: 3,972,490 shares

+          Number of additional shares expected to issue: 340,000 shares

+          Value of additional shares: VND3,400,000,000

+          Issue price: VND10,000/share

+          Issue ratio: 0.91% of outstanding shares

+          Transfer restriction: none

+          Time of implementation: in Quarter IV/2012.

HOSE

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>   NTW: Results of seasoned issue (13/11/2012)

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>   VSC: Result of ESOP 2012 (08/11/2012)

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