HBC: Board resolution on ESOP Hoa Binh Construction & Real Estate Corporation announced Board Resolution No.13/2016 dated October 03, 2016 regarding the employee stock ownership plan (ESOP) as follows:
The Board approved to issue 1,000,000 shares to its employees:
- Stock name: Stock ofHoa Binh Construction & Real Estate Corporation
- Stock type: common share
- Stock code: HBC
- Par value: VND10,000/share
- Expected issue volume: 1,000,000 shares
- Total issue value: VND10,000,000,000.
- Issue ratio: 1.06%
- Time of implementation: in 45 days after the date when the State Securities Commission announces the receipt of documents of ESOP. HOSE
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