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DIG: BoD approves to issue shares to raise capital On May 10, 2016, the Board of Directors of Development Investment Construction Joint Stock Corporation approved a plan for issuing shares to raise capital from the owner’s equity:
- Exercise ratio: 8% (Those who own 100 shares will receive 08 new shares.)
- Estimated issue volume: 17,162,704 shares
- Total issue value: VND171,627,040,000.
- Financial resource: from the owner’s equity (Capital surplus)
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.
- Time of implementation: Quarter 2.2016 HOSE
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