The Board resolution dated January 11, 2021, the BOD of Phat Dat Real Estate Development Corp approved the following issues:

1)      Approving the stock issuance plan to pay second stock dividend for 2020 to existing shareholders according to the Resolution No.01/ĐHCĐBT-NQ.2021 dated January 08, 2021 by the Resolution of Extraordinary General Meeting of Shareholders:

-          Stock name: Phat Dat Real Estate Development Corp

-          Stock code: PDR

-          Stock type: common share

-          Par value: VND 10,000/share

-          Number of shares issued: 396,169,897 shares

-          Number of outstanding shares: 396,169,897 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued: 39,616,989 shares

-          Total value (based on par value): 396,169,890,000 dongs

-          Exercise ratio: 10% (shareholder who owns 10 shares will receive 01 new share)

-          Expected execution time: Quarter 1/2021

-          How to deal with fractional shares: The number of newly issued shares bought by each existing shareholder will be rounded down, the fractional shares will be cancelled.

-          The new shares are freely transferable.

2)      Approving the dossier of stock issuance to pay second stock dividend for 2020 to existing shareholders:

-          Report on the stock issuance to pay dividends to existing shareholders;

-          Resolution of the Extraordinary General Meeting of Shareholders approved the stock issuance to pay second dividends for 2020;

-          Decision of the Board of Directors approved to implement the issuance plan and the dossier to pay second dividends for 2020 to existing shareholders;

-          Audited separate and consolidated financial statements in 9 months of 2020;

-          Other relevant documents (if any).