TDH: BOD approves to plan the stock issuance to raise capital

On May 06, 2019, the Board of Directors of Thu Duc Housing Development Corporation approved to plan the stock issuance to raise capital from the owner’s equity as follows:

-       Stock name: Thu Duc Housing Development Corporation

-       Stock code: TDH

-       Stock type: common share

-       Par value: 10,000 dongs

-       Number of outstanding shares: 81,634,927 shares

-       Number of treasury shares: 0 share

-       Number of shares expected to be issued: 12,245,239 shares

-       Total value (based on par value): VND122,452,390,000

-       Issue ratio: 100:15 (Shareholder who owns 100 shares will receive 15 new shares).

-       Time of implementation: expected July 2019

-       Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.

HOSE

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>   DPG: Record date for cash dividend & stock issuance (06/05/2019)

>   FPT: Stock issuance to pay dividend for 2018 (06/05/2019)

>   GEX: Notice of the issue of share for the exercise of warrants (04/05/2019)

>   KDH: Board resolution on bond issuance (04/05/2019)

>   VPH: Result of the ESOP (04/05/2019)

>   DXG: Resolution on the plans for stock issuance (04/05/2019)

>   DXG: Resolution on the regulations of ESOP 2019 (04/05/2019)