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).
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The main contents of the ESOP are as follows:
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Issuer: Hoa Binh Construction & Real Estate Corporation
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Trade name: Hoa Binh Corporation
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Charter capital: VND413,061,340,000
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Stock code: HBC
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Stock type: common stock
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Par value: VND10,000/ share
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Total number of shares: 41,306,134 shares
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Number of outstanding shares: 37,333,644 shares
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Number of treasury shares: 3,972,490 shares
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Number of additional shares expected to issue: 340,000
shares
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Value of additional shares: VND3,400,000,000
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Issue price: VND10,000/share
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Issue ratio: 0.91% of outstanding shares
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Transfer restriction: none
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Time of implementation: in Quarter IV/2012.
