KDH: BOD resolution on stock issuance under ESOP plan On September 07, 2018, the BOD of Khang Dien House Trading and Investment Joint Stock Company approved to plan for the stock issuance under ESOP as follows:
- Stock name: Khang Dien House Trading and Investment Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 387,832,317 shares
- Number of outstanding shares: 387,832,317 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 6,800,000 shares
- Total value (based on par value): VND68,000,000,000
- Offering price: VND15,000/share
- Issuing ratio: 1.75%
- How to deal with fractional shares: After the deadline of registration and settlement for the purchase of shares. If the company’s employees refuse to buy shares (if any) will be decided by the Board of Directors.
- These shares will be restricted in 01 year from the finish date of the offering
- Time of implementation: Q4.2018 HOSE
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