DLG: BoD approves to issue shares to dividend payment On August 10, 2018, the Board of Directors of Duc Long Gia Lai Group Joint Stock Company approved a plan for issuing shares to the dividend payment:
- Exercise ratio: 5% (Those who own 100 shares will receive 01 right and 100 rights will receive 05 new shares.)
- Estimated issue volume: 14,252,890 shares
- Total issue value: VND142,528,900,000
- Financial resource: Undistributed profit after tax
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.
- Time of implementation: Quarter 3, 4.2018 HOSE
|