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GIL: Implementing the plan for stock issuance to pay dividend The Board resolution dated May 25, 2021, the BOD of Binh Thanh Import Export Production and Trade Joint Stock Company approved to implement the plan for stock issuance to pay dividend in 2020 as follows:
- Stock name: Binh Thanh Import Export Production and Trade Joint Stock Company
- Stock code: GIL
- Stock type: common share
- Par value: VND10,000/share
- Charter capital: VND360,000,000,000
- Number of shares issued: 36,000,000 shares
- Number of treasury shares: 0 share
- Number of outstanding shares: 36,000,000 shares
- Number of shares expected to be issued: 7,200,000 shares
- Total value of issue (based on par value): VND72,000,000,000
- Charter capital before the issuance: VND360,000,000,000
- Charter capital after the issuance to pay dividend (based on par value): VND72,000,000,000
- Charter capital after the issuance: VND432,000,000,000
- Issue form: to issue shares for dividend payment
- Issue rate: 20% (5:1) (shareholder who owns 01 share will receive 01 new share).
- Expected issue time: 2021 after being approved by the State Securities Commission of Vietnam (SSC).
- How to deal with fractional shares: The number of newly issued shares bought by each existing shareholder will be rounded down. The fractional shares due to arising (if any) decided by the BOD to distribute to other investors with the selling price of VND10,000/share.
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