On December 01, 2021, Thu Duc Housing Development Corporation announces the Proposal on the stock issuance to raise its charter capital with the following details:
- Stock name: Thu Duc Housing Development Corporation
- Stock type: common share
- Par value: VND10,000/share
- Issuance method: private placement
- Charter capital before the issuance: VND1,126,527,670,000
- Stock volume before the issuance: 112,652,767 shares
- Expected issuance volume: 120,000,000 shares
- Total value of issuance (at par value): VND1,200,000,000,000
- Issuance price: VND12,000/share
- Total proceeds from the issuance (estimated): VND1,440,000,000,000
- Transfer restriction: 01 year from the ending date of the issuance
- Time of implementation: expected in 2022, after being approved by the State Securities Commission of Vietnam (SSC).