HTN: Board approves the plan for stock issuance to pay dividend On November 08, 2018, the Board resolution of Hung Thinh Incons Joint Stock Company approving the plan for stock issuance to pay dividend as follows:
- Stock name: Hung Thinh Incons Joint Stock Company
- Stock code: HTN
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 25,000,000 shares
- Number of outstanding shares: 25,000,000 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 3,750,000 shares
- Total value (based on par value): VND37,500,000,000
- Exercise ratio: 100:15 (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: December 2018.
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