Ba Ria – Vung Tau House Development Joint Stock Company announces Board Resolution No.46/QD-HDQT dated April 29, 2020. Accordingly, the Board of Directors approved the stock dividend payment for 2019 as follows:

-       Stock code:                                               HDC

-       Stock type:                                                common stock

-       Par value:                                                 VND10,000/share

-       Number of issued shares:                            57,924,440 shares

-       Number of outstanding shares:                    57,283,611 shares

-       Number of treasury shares:                         640,829 shares 

-       Number of shares expected to be issued:      8,592,541 shares 

-       Value of shares expected to be issued (based on par value): VND85,925,410,000

-       Issue ratio:                                                15% on the outstanding volume

-       Financial resource for the issue: the undistributed after-tax profit until 12/31/2019.

-       Issue date:                                                 in Quarter II of 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 301 shares. Shareholder A will receive: (301 x 15)/100 = 45.15 shares. After rounded down, the real number of shares shareholder A receives will be 45 new shares. The fractional part (0.15) will be cancelled.

-   The newly-issued shares will be deposited at the Vietnam Securities Depository and listed on the Hochiminh Stock Exchange.