DRH: Board approves to issue 9,800,000 shares to raise capital

According to Board resolution No.25 dated May 23, 2018, the Board of Directors of Dream House Investment Corporation approved the implementation of the plan for stock issuance in order to raise the charter capital from the owner’s capital 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: 9,800,000 shares

-          Total issue value: VND98,000,000,000.

-          Issue ratio: 10:2 (Those who own 01 share will receive 01 right, and with every 10 rights they will receive 02 new shares).

-          Time of implementation: Quarter 2 and Quarter 3/2018.

-          The shares distributed to each shareholder will be rounded down. The fractional share (if any) will be cancelled.

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