On August 21, 2020, the Board of Directors of Phat Dat Real Estate Development Corp approved a plan for issuing shares to the first phase of 2020 dividend payment:
- Exercise ratio: 7% (Those who own 100 shares will receive 07 new shares.)
- Estimated issue volume: 25,917,700 shares
- Total issue value: VND259,177,000,000.
- Financial resource: from Undistributed profit after tax
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.
- Time of implementation: expected in Quarter 3 and Quarter 4, 2020