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PC1: Plan for stock issuance to pay divdiend in 2021 The Board resolution dated September 19, 2022, the BOD of Power Construction Joint Stock Company No 1 approved the plan to issue shares for 2021 dividend payment with details as follows:
- Stock name: Power Construction Joint Stock Company No 1
- Stock type: common share
- Par value: VND10,000/share
- Number of shares issued: 235,159,649 shares
- Number of outstanding shares: 235,159,649 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 35,273,947 shares
- Total value of issuance (at par value): VND352,739,470,000
- Exercise ratio: 15% (100:15) (Those who own 100 shares will receive 15 new shares)
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.
- For example: at the record date, shareholder A owns 08 shares. With 15% exercise ratio, the shareholder A will receive: 8*15/100 = 1.2 shares. According to rounding policy, the shareholder A will receive 01 new share and fractional shares of 0.2 share will be cancelled.
- Time of implementation: expected in Quarter 4/2022, after being approved by the State Securities Commission of Vietnam (SSC).
- Transfer restriction: none.
HOSE
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