On December 06, the Board of Directors of Kinh Bac City Development Holding Corporation approved to implement the plan for issuing shares to raise capital from the owner’s equity as follows:

-          Outstanding volume: 569,760,189 shares

-          Estimated issue volume: 189,920,063 shares

-          Issue ratio: 33.33% of the outstanding volume.

-          Exercise ratio: 3:1

-          Object of the issuance: existing shareholders

-          Plan to deal with fractional shares: The shares newly issued to shareholders will be rounded down to units. The fractional shares (if any) will be cancelled.

-          Issue time: in Quarter IV of 2021 to Quarter I of 2022.

-          All newly-issued shares will be registered to deposit at the Vietnam Securities Depository and list on the Hochiminh Stock Exchange.