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TLD: Approved the stock issuance to pay dividend for 2020
HOSE - 10/7/2021 4:57:00 PM
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   The Board resolution dated October 05, 2021, the BOD of Thang Long Urban Development and Construction Investment Joint Stock Company approved the following contents:

1)      Approving the stock issuance to pay dividends for 2020:

-          Stock name: Thang Long Urban Development and Construction Investment Joint Stock Company

-          Stock type: common share

-          Stock type: TLD

-          Par value: 10,000 dongs

-          Number of shares issued: 39,956,372 shares

-          Number of outstanding shares: 39,956,372 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued: 2,796,946 shares

-          Total value of issuance (at par value): 27,969,460,000 dongs

-          Expected stock volume after the issuance: 42,753,318 shares

-          Total value after the issuance: VND427,533,180,000

-          Exercise ratio: 7% (100:07) (Those who own 100 shares will receive 07 new shares)

-          Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be cancelled.

-          For example: at the record date to pay stock dividend, shareholder A owns 4,569 shares. With 7% performing ratio, the shareholder A will receive: 4,569 *7/100 = 319.8 shares. According to rounding policy, the shareholder A will receive 319 new shares and fractional shares of 0.8 will be cancelled.

-          Time of implementation: expected in Quarter IV/2021 after being approved by the State Securities Commisison of Vietnam (SSC).

Approving the dossier of registration for the stock issuance to pay dividend for 2020.

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