The Board of Directors of Power Construction Joint Stock Company (PC1) approved a stock issue plan for dividend payment as follows:
- Stock: Stock of Power Construction Joint Stock Company
- Stock type: common stock
- Par value: 10,000 VND/share
- Purpose: to pay dividends for 2019
- Number of issued shares: 159,323,929 shares
- Number of outstanding shares: 159,323,497 shares
- Number of treasury shares: 432 shares
- Number of shares to be issued: 31,864,699 shares
- Value of shares to be issued: 318,646,990,000 VND
- Issue ratio: 20% of the outstanding shares
- Financial resource: the undistributed after-tax profit at 12/31/2019.
- Transfer restriction: none
- The number of shares distributed to each shareholder will be rounded down. The fractional part (if any) will be cancelled.
- Time of implementation: by Quarter IV of 2020.