Investment and Trading of Real Estate Joint stock Company announces a share issue for the 2018 dividend payment:
- I. Information on the issuer:
- Issuer: Investment and Trading of Real Estate Joint stock Company
- Trade name: Intresco
- Head office: 18 Nguyen Binh Khiem, Da Kao, District 1, Ho Chi Minh City
- Stock code: ITC
- II. Purpose of share issue: to pay dividends for 2018
- III. Plan for share issue:
− Stock name: Stock of Investment and Trading of Real Estate Joint stock Company
− Stock type: common stock
− Par value: VND10,000/share
− Total issued volume: 69,086,688 shares
− Outstanding volume: 68,646,328 shares
− Treasury shares: 440,360 shares
− Estimated issue volume: 3,432,316 shares
− Total issue value: VND34,323,160,000
− Issue ratio: 5%
− Financial resource: the undistributed after-tax profit at 12/31/2018
− Record date: April 06, 2020
− Plan to deal with fractional shares: The shares newly issued to shareholders will be rounded down to units. The fractional shares (if any) will be cancelled.
For example, on the record date, shareholder A owns 585 shares. Shareholder A will receive: (585 : 100) x 5 = 29.25 shares. After rounded down, the real number of shares shareholder A receives will be 29 shares. The fractional part (0.25) will be cancelled.