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HDC: Board resolution on business plan
HSX - 3/13/2020 4:39:00 PM
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According to the Board resolution dated March 11, 2020, the Board of Directors of Ba Ria – Vung Tau House Development Joint Stock Company approved the following issues:

  1. Approving the business plan for 2020 – 2022:

Unit: billion dongs

Item

2020

2021

2022

Revenue

1,030

1,275

1,525

Profit before tax

250

300

360

2. Approving an agreement with Hodeco Investment and Construction Joint Stock Company for the construction work in Dai Duong Tourist Area Project.

3. Approving a share buyback as follows:

-       Stock name: stock of Ba Ria – Vung Tau House Development Joint Stock Company

-       Stock code: HDC

-       Number of treasury shares at present: 829 shares

-       Number of shares registered for repurchase: no more than 2,000,000 shares

-       Buying price: no more than VND17,000/share

-       Financial resource: the capital surplus  

-       Trading method: order-matching and/or put-through

-       Trading time: in Quarter II/2020

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