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FIR: Plan for stock issuance to pay divdiend
HOSE - 10/6/2022 10:27:00 PM
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  On October 05, 2022, the BOD of First Real Joint Stock Company approved the plan to issue shares for dividend payment with details as follows:

-          Stock name: First Real Joint Stock Company

-          Stock type: common share

-          Par value: VND10,000/share

-          Number of shares issued: 44,615,015 shares

-          Number of outstanding shares: 44,615,015 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued: 8,923,003 shares

-          Total value of issuance (at par value): VND89,230,030,000

-          Exercise ratio: 20% (100:20) (Those who own 100 shares will receive 20 new shares)

-          Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.

-          For example: at the record date, shareholder A owns 126 shares. With 20% exercise ratio, the shareholder A will receive: 126*20/100 = 25.2 shares. According to rounding policy, the shareholder A will receive 25 new share and fractional shares of 0.2 share will be cancelled.

-          Time of implementation: expected in October 2022 or November 2022

-          Transfer restriction: none.

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