On May 06, 2019, the Board of Directors of Thu Duc Housing Development Corporation approved to plan the stock issuance to raise capital from the owner’s equity as follows:
- Stock name: Thu Duc Housing Development Corporation
- Stock code: TDH
- Stock type: common share
- Par value: 10,000 dongs
- Number of outstanding shares: 81,634,927 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 12,245,239 shares
- Total value (based on par value): VND122,452,390,000
- Issue ratio: 100:15 (Shareholder who owns 100 shares will receive 15 new shares).
- Time of implementation: expected July 2019
- Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.