THG: Board resolution on stock dividend payment

According to the Board resolution dated May 11, 2018, the Board of Directors of Tien Giang Investment and Construction Joint Stock Company approved to implement the plan for paying stock dividend for 2017 as follows:

-          Par value: VND10,000/share

-          Number of issued shares: 11,999,907 shares

-          Number of outstanding shares: 11,999,907 shares

-          Number of shares expected to be issued: 1,199,990 shares 

-          Estimated issue value: VND11,999,990,000.

-          Stock type: common stock

-          Exercise ratio: 10:1 (Those who own 10 shares will receive 01 new share.)

-          Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled. 

-          Financial resource for the issue: the retained profit

-          Time of implementation: in 2018

The new shares will be deposited in the Vietnam Securities Depository and listed on the Hochiminh Stock Exchange.

HOSE

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