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VPG: Resolution on stock issuance
HSX - 5/2/2019 3:01:00 PM
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Viet Phat Import Export Trading Investment Joint Stock Company announces the Board Resolution dated April 25, 2019 as follows:

The Board of Directors approved to carry out the plan for issuing shares for 2018 dividend payment:

-       Number of outstanding shares: 22,999,993 shares

-       Number of shares to be issued: 3,450,000 shares

-       Par value: VND10,000/share

-       Total issue par value: VND34,500,000,000

-       Stock type: common stock

-       Exercise ratio: 15% (Those who own 100 shares will receive 15 new shares.)

-       The shares distributed to each shareholder will be rounded down. The fractional part (if any) will be cancelled.

-       Financial resource: the undistributed after-tax profit at 31/12/2018

-       The new shares will be deposited in the Vietnam Securities Depository and listed on the Hochiminh Stock Exchange.

-       Time of implementation: in Quarter II/2019

 

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