Thu Duc Housing Development Corporation announced Board Resolution No.1618/NQ-HDQT dated December 29, 2014:
Article 1: The Board of Directors approved to
pay dividend for 2013 and interim dividend for 2014:
Total dividend payment ratio: 10% par value (VND1,000/share). In
which:
- Dividend for 2013: 5% par value (VND500/share)
- Interim dividend for 2014: 5% par value (VND500/share)
- Payment method: in cash
- Object: the existing shareholders on the record date
- Financial resource: the undistributed after-tax profit
- Record date: January 16, 2015
- Payment date: February 02, 2015
Article 2: The Board of Directors
approved to implement the stock issuance to increase capital from the owner’s
capital to the existing shareholders (bonus shares):
- Name of stock: Stock of Thu
Duc Housing Development Corporation
- Stock type: common stock
- Par value: VND10,000/share
- Outstanding volume: 38,150,420 shares
- Estimated issue volume: 3,815,042 shares
- Total issue value: VND38,150,420,000.
- Object: the existing shareholders on the record date
- Issue ratio: 10:1
- Share transfer restriction: Those who own rights to receive bonus
shares are not allowed to transfer rights.
- Financial resource: Capital surplus.
- Record date: January 16, 2015
- Time of share distribution: Quarter 1/2015
- Plan to deal with fractional shares: the distributed shares will be
rounded down, fractional shares will be cancelled.
Article 3: The Board of Directors
authorized the Management Board to implement plans.
Article 4: This resolution takes
effect from the date of signing.
