On September 26, the Board of Directors of Dat Xanh Group Joint Stock Company approved the stock issuance for bond conversion as follows:
- Stock name: Stock of Dat Xanh Group Joint Stock Company
- Stock type: common stock
- Par value: VND10,000/share
- Purpose: to convert the convertible bonds which were issued in April 2019
- Number of converted bonds: 50 bonds, equivalent to VND50,000,000,000 (par value: VND1,000,000,000/bond)
- Convertible price: VND19,983/share
- Conversion ratio: 50,042 shares/bond
- Number of shares expected to be issued: 2,502,126 shares
- Total value of shares expected to be issued: VND25,021,260,000.
- Expected conversion date: September 28, 2022.