GIL: BOD approves to plan the stock issuance to pay dividend On May 10, 2019, the Board of Directors of Binh Thanh Import Export Production and Trade Joint Stock Company approved to plan the stock issuance to pay dividend as follows:
- Stock name: Binh Thanh Import Export Production and Trade Joint Stock Company
- Stock code: GIL
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 19,075,825 shares
- Number of outstanding shares: 19,075,825 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 4,005,923 shares
- Total value (based on par value): VND40,059,230,000
- Exercise ratio: 100:21, equivalent to 21%/par value (shareholder who owns 01 share will receive 01 right, and with every 100 rights will be entitled to receive 21 new shares.)
- Time of implementation: Q3.2019 or Q4.2019.
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