OCB: Plan for increasing charter capital

The Board resolution dated May 10, 2023, the BOD of Orient Commercial Joint Stock Bank approved the plan for stock issuance to existing shareholders to implement capital increase according to the Resolution of General Meeting of Shareholders dated April 28, 2023. Details are as follows:

-          Stock name: Orient Commercial Joint Stock Bank

-          Stock type: common share

-          Par value: VND10,000/share

-          Number of shares issued: 1,369,882,863 shares

-          Number of outstanding shares: 1,369,882,863 shares

-          Number of treasury stock: 0 share

-          Number of shares expected to be issued: 684,941,431 shares

-          Total value of issuance (at par value): VND6,849,414,310,000

-          Exercise ratio: 50% (02:01) (Those own who 02 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

-          Estimated time of implementation: 2023, being approved by the State Securities Commission of Vietnam (SSC).

HOSE

>   MWG: Result of the decrease in charter capital (10/05/2023)

>   SSB: Increasing charter capital (10/05/2023)

>   REE: SSC received the dossier of stock issuance for dividend payment (10/05/2023)

>   PSH: Approval for the transfer of contributed capital (09/05/2023)

>   HVH: BOD resolution on planning to issue shares for dividend payment (09/05/2023)

>   BID: Notice of representative of capital in BIDV (09/05/2023)

>   HAX: Plan for stock issuance to pay dividend in 2022 (09/05/2023)

>   GMH: Plan for stock issuance to raise capital (09/05/2023)

>   VHC: BoD approves to issue shares the ESOP (09/05/2023)

>   VNL: BoD approves to issue shares the dividend payment (09/05/2023)