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HBC: Board resolution on dividend payment for 2018
HOSE - 4/19/2019 2:36:00 PM
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The Board resolution dated April 17, 2019, Hoa Binh Construction Group Joint Stock Company approved the following issues:

1. The Board of Directors approved to issue shares for stock dividend for 2018:

-       Stock name: Hoa Binh Construction Group Joint Stock Company

-       Stock code: HBC

-       Stock type: common share

-       Par value: VND10,000/share

-       Number of outstanding shares: 196,074,977 shares

-       Number of shares expected to be issued: 9,803,748 shares

-       Total value (based on par value): VND98,037,480,000

-       Exercise ratio: 5% (shareholder who owns 20 shares will receive 01 new share).

-       The number of newly issued shares bought by each existing shareholder will be rounded down. The fractional shares will be cancelled.

-       Time of implementation: expected in Q2.2019.

2. The Board of Directors approved to issue shares for cash dividend for 2018:

-       Exercise ratio: 3% (300 dongs/share)

-       Number of outstanding shares: 196,074,977 shares

-       Total value for cash dividend: VND58,822,493,100

-       Time of implementation: Q2.2019.

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