PDR: BoD approves to issue shares to dividend payment

On May 10, 2016, the Board of Directors of Development Investment Construction Joint Stock Corporation approved a plan for issuing shares to dividend payment:

1. Stock name: Stock ofPhat Dat Real Estate Development Corp
2. Stock type: common share
3. Par value: VND10,000/share
4. Expected issue volume: 61,269,472 shares
5. Total issue value: VND612,694,720,000
6. Issue ratio (Expected issue volume/Total volume): 100:23
7. Financial resource:  Undistributed profit after tax
8. Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled. 
9. Time of implementation: expected in Quarter 2/2019

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