Monday, 25/08/2014 16:49

HBC: HBC to issue 800,000 ESOP shares

Hoa Binh Construction & Real Estate Corporation expects to issue 800,000 shares according to the 2014 employee stock ownership plan (ESOP):

1)     Introduction of issuer:

-         Issuer: Hoa Binh Construction & Real Estate Corporation

-         Head office: 235 Vo Thi Sau, Ward 7, District 3, Hochiminh City, Viet Nam

-         Tel: (08) 3932 5030 -  Fax: (08) 3932 5221

-         Stock code: HBC

-         Charter capital: VND518,754,940,000.

-         Bank account number: 310.10.0000.62513 at BIDV – Hochiminh Branch.

2)     Purpose of the issuance: to issue shares according to ESOP.  

3)     Plan for the issuance:

-         Stock name: Stock of Hoa Binh Construction & Real Estate Corporation

-         Stock type: common share

-         Par value: 10,000 dongs / share

-         Total volume: 51,875,494 shares

-         Outstanding volume: 47,903,004 shares

-         Treasury volume: 3,972,490 shares

-         Expected issue volume: 800,000 shares

-         Total issue value: VND8,000,000,000

-         Issue ratio (Expected issue volume/Total volume): 1.67%

-         Transfer restriction: none

-         Time of implementation: Quarter 3/2014.

HOSE

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>   AAA: Notice of record date for share issue for shareholders (19/08/2014)

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>   BED: Notice of transaction of connected institution (State Capital Investment Corporation) (18/08/2014)

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