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HPG: BOD approved the plan to pay dividends for 2019 The Board resolution dated June 29, 2020, the BOD of Hoa Phat Group Joint Stock Company approved the plan for 2019 dividend payment. Details are as follows:
1) Plan for stock issuance to pay dividends:
- Stock name: Hoa Phat Group Joint Stock Company
- Stock code: HPG
- Stock type: common share
- Number of shares issued: 2,761,074,115 shares
- Number of outstanding shares: 2,761,074,115 shares
- Number of treasury shares: 0 share
- Exercise ratio: 20% (Shareholder who owns 10 shares will receive 02 new shares).
- Expected issue volume: 552,214,823 shares
- Total value (based on par value): VND 5,522,148,230,000
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.
- Time of implementation: expected in June 2020 or August 2020.
2) Plan for cash dividends payment:
- Exercise ratio: 5% (500 dongs/share)
- Time of implementation: expected in June 2020 or August 2020. HOSE
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