DRH: Board approves to issue 2,200,000 ESOP shares On May 23, 2018, the Board of Directors of Dream House Investment Corporation approved the implementation of Employee Stock Ownership Plan as follows:
- Stock name: Stock ofDream House Investment Corporation
- Stock code: DRH
- Stock type: restricted common share
- Par value: VND10,000/share
- Total issued volume: 49,000,000 shares
- Outstanding volume: 49,000,000 shares
- Treasury volume: 0 shares
- Expected issue volume: 2,200,000 shares
- Total issue value: VND22,000,000,000.
- Regulation on share transfer:
- After the first year (12 months after the finish date of ESOP 2018): 50% of the new shares will be allowed to transfer.
- After the second year (24 months after the finish date of ESOP 2018): the remaining of the new shares will be allowed to transfer.
- Plan for the use of capital: to increase the Company’s working capital. HOSE
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