KBC: Stock issuance to raise capital from the owner's equity On June 01, 2022, Kinh Bac City Development Holding Corporation announces the stock issuance to raise capital from the owner's equity with details as follows:
- Stock name: Kinh Bac City Development Holding Corporation
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 575,711,167 shares
- Number of outstanding shares: 575,711,167 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 191,903,722 shares
- Total value (based on par value): 1,919,037,220,000 dongs
- Exercise ratio: 3:1 (Shareholder who owns 03 shares will receive 01 new share).
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.
- Record date: June 22, 2022.
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