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TDH: Board resolution on stock and cash dividend payment
HSX - 6/14/2019 11:12:00 AM
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Thu Duc Housing Development Corporation (THUDUC HOUSE) announced the Board resolution dated June 11, 2019 as follows:

1. The Board of Directors approved a record date for issuing shares to raise capital from the owner’s equity:

-       Current outstanding volume: 81,634,927 shares

-       Treasury shares: 0 shares

-       Estimated issue volume: 12,245,239 shares

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

-       Record date: June 27, 2019

-   Plan to deal with fractional shares: The shares distributed to each shareholder will be rounded down to units. The fractional shares (if any) will be cancelled.

2. The Board of Directors approved a cash dividend payment:

-       Payment ratio: 10%/par value (VND1,000 for a share)

-       Payment method: in cash

-       Record date: June 27, 2019

-       Payment date: July 26, 2019

 

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