Tuesday, 23/09/2014 09:49

TDH: The BOD approves bonus issue plan

According to the board resolution dated September 11, 2014, Thu Duc Housing Development Corporation declares its bonus issue plan to raise capital as follows:

1)     Stock: Stock of Thu Duc Housing Development Corporation

2)     Stock type: common stock

3)     Par value: VND10,000/share

4)     Total outstanding volume: 38,150,420 shares

5)     Expected issue volume: 3,815,042 shares

6)     Total issue value: VND38,150,420,000.

7)     Purpose: to issue bonus shares to existing shareholders

8)     Issue ratio: 10:1

9)     Rights transfer: The rights to receive bonus shares are not transferable.

10)  Financial resource: the capital surplus of the parent company according to the audited financial statements.  

11)  Time of implementation: in Quarter IV/2014.

12)  Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.

HOSE

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