SCS: BoD approves to issue shares to the ESOP

On February 01, 2023, the Board of Directors of Sai Gon Cargo Service Corporation approved a plan for issuing shares to the Employee Stock Ownership Plan (ESOP):

1. Stock name: Stock of Sai Gon Cargo Service Corporation
2. Stock type: common share
3. Par value: VND10,000/share
4. Expected issue volume: 505,000 shares
5. Total issue value: VND5,050,000,000
6. Issue ratio: 0.5%
7. Regulation on transfer: 100% of issue volume will be restricted in 01 year and 50% of issue volume will be restricted in 02 years from the ending date of the offering.
8. Selling price: VND26,000/share
9. Selling date: from December 2022 to Quarter I/2023.

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