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TEG: BOD resolution on stock issuance to pay dividend On June 07, 2018, the Board of Directors of Tecgroup Joint Stock Company approved to plan the stock issuance to pay dividend as follows:
- Stock name: Tecgroup Joint Stock Company
- Stock code: TEG
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares expected to be issued: 1,440,000 shares
- Total value (based on par value): 14,400,000,000 dongs
- Issuing ratio: 100:8 (Shareholder who owns 100 shares will receive 08 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 or Q3.2018. HOSE
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