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FIR: BOD resolution on issuing shares for dividend payment
HOSE - 10/21/2020 4:31:00 PM
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The Board resolution dated October 20, 2020, the BOD of First Real Joint Stock Company approved the stock issuance for dividend payment to existing shareholders as follows:

-          Stock name: First Real Joint Stock Company

-          Stock code: FIR

-          Stock type: common share

-          Par value: VND 10,000/share

-          Number of shares issued: 20,799,997 shares

-          Number of outstanding shares: 20,799,997 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued: 6,239,999 shares

-          Total value of issue (based on par value): VND 62,399,990,000

-          Issue ratio: 30% (shareholder who owns 100 shares will receive 30 new shares).

-          Record date: November 03, 2020

-          Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.

-          For example: at the record date, shareholder A owned 146 shares. With 30% performing ratio, the shareholder A will receive: 146 *30/100 =83.8 shares. According to rounding policy, the shareholder A receives 83 new shares and fractional shares of 0.8 will be cancelled.

 

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