The Board resolution dated August 18, 2020, the BOD of Tien Phong Commercial Joint Stock Bank approved the plan to issue shares for capital increase from VND 10,716,751,300,000 to VND 2,150,859,240,000 with the following plans:
- Plan 1: addiitonal issuance of 181,115,924 shares, equivalent to total value (based on par value) of VND 1,811,159,240,000.
- Plan 2: to issue 33,970,000 sahres under ESOP, equivalent to total value (based on par value) of VND 339,700,000,000.