On March 28, 2022, the BOD of Phat Dat Real Estate Development Corp approved the plan for stock issuance to pay dividend in 2021 with details as follows:
- Stock name: Phat Dat Real Estate Development Corp
- Stock type: common share
- Par value: VND10,000/share
- Number of shares issued: 492,771,916 shares
- Number of outstanding shares: 492,771,916 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 178,876,205 shares
- Total value of issuance (at par value): VND1,788,762,050,000
- Issue ratio: 36.3%
- Time of implementation: expected in Quarter II/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 (if any) will be cancelled.
- Transfer restriction: none.