On September 06, 2018, the BOD of Thien Nam Trading Import Export Corporation announces the plan the stock issuance as follows:
- Stock name: Thien Nam Trading Import Export Corporation
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 12,592,167 shares
- Number of outstanding shares: 12,247,213 shares
- Number of treasury shares: 344,954 shares
- Number of shares expected to be issued: 17,080,000 shares
- Total value (based on par value): VND170,800,000,000
- Issue ratio: 100:139 (shareholder who owns 01 share will receive 01 right, and with every 100 rights will be entitled to have 139 new shares.)
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.
- Time of implementation: 2018
- These new shares will not be restricted the transfer.
- Purchase rights for additional stock issuance will not be allowed to transfer.