FRT: Approving to plan the stock issuance to raise capital On April 26, 2018, the Board of Directors of FPT Digital Retail Joint Stock Company approved to plan the stock issuance to raise capital from the owner’s equity as follows:
- Stock name: FPT Digital Retail Joint Stock Company
- Stock code: FRT
- Stock type: common share
- Par value: 10,000 dongs
- Number of share issued: 40,000,000 shares
- Number of outstanding shares: 40,000,000 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 28,000,000 shares
- Total value (based on par value): 280,000,000,000 dongs
- Issuing ratio: 70% (10:7), (shareholder who owns 01 share will receive 01 right, and with every 10 rights will be entitled to purchase 07 new shares.)
- Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.
- Time of implementation: Q2.2018. HOSE
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