On May 18, 2021, the Board of Directors of Khang Dien House Trading and Investment Joint Stock Company approved a plan for issuing shares to the 2020 dividend payment and the Employee Stock Ownership Plan (ESOP):
1) The Board of Directors of Khang Dien House Trading and Investment Joint Stock Company approved a plan for issuing shares to the 2020 dividend payment as follows:
- Total issued volume: 578,657,219 shares
- Outstanding volume: 558,806,579 shares
- Treasury volume: 19,850,640 shares
- Exercise ratio: 10% (Those who own 100 shares will receive 10 new shares.)
- Estimated issue volume: 55,880,657 shares
- Total issue value: VND558,806,570,000
- Financial resource: Undistributed profit after tax
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.
- Time of implementation: expected in Quarter 2.2021.
2) The Board of Directors of Khang Dien House Trading and Investment Joint Stock Company approved a plan for issuing shares to the ESOP as follows:
- Total issued volume: 578,657,219 shares
- Outstanding volume: 558,806,579 shares
- Treasury volume: 19,850,640 shares
- Exercise ratio: 1.50%
- Estimated issue volume: 8,400,000 shares
- Total issue value: VND84,000,000,000
- Time of implementation: expected in Quarter 2.2021.