The Board resolution dated December 03, 2021, the BOD of Hoang Huy Investment Financial Services Joint Stock Company approved to implement the plan for sock issuance to raise capital with details as follows::
- Stock name: Hoang Huy Investment Financial Services Joint Stock Company
- Stock type: common share
- Par value: VND10,000/share
- Expected issuance volume: 49,497,757 shares
- Total value (at par value): VND494,977,570,000
- Issuance ratio: 8%
- Exercise ratio: 25:2 (Those who own 01 share will receive 01 right, and with every 25 rights will be entitled to receive 02 new shares).
- Time of implementation: expected in 2021, 2022, after being approved by the State Securities Commission of Vietnam (SSC)
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.