PDR: Implementing the plan for stock issuance to pay dividends On January 31, 2021, Phat Dat Real Estate Development Corp issued a decision to approve to implement the plan for 2020 stock issuance to pay dividends to existing shareholders as follows:
- Stock name: Phat Dat Real Estate Development Corp
- Stock code: PDR
- Stock type: common share
- Number of shares issued: 435,786,241 shares
- Number of outstanding shares: 435,786,241 shares
- Number of treasury stock: 0 share
- Number of shares expected to be issued: 50,986,990 shares
- Total value of issue (based on par value): VND 509,869,990,000
- Exercise ratio: 11.7% (shareholders who own 1,000 shares will receive 117 new shares).
- Expected execution time: Quarter 2/2021
- Plan to deal with fractional shares: The distributed shares will be rounded down to dozen, the fractional shares due to rounding down will be cancelled.
- Regulation on transfer restriction: none.
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