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VPG: BOD resolution on stock issuance to pay dividend On June 06, 2018, the Board of Directors of Viet Phat Import Export Trading Investment Joint Stock Company approved to plan the stock issuance to pay dividend as follows:
- Stock name: Viet Phat Import Export Trading Investment Joint Stock Company
- Stock code: VPG
- Stock type: common share
- Par value: 10,000 dongs
- Number of outstanding shares: 20,000,000 shares
- Number of shares expected to be issued: 3,000,000 shares
- Total value (based on par value): 30,000,000,000 dongs
- Issuing ratio: 15% (Shareholder who owns 100 shares will receive 15 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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