The Board resolution dated August 03, 2022, the BOD of Investment and Trading of Real Estate Joint Stock Company approved to implement the plan for 2021 dividend payment as follows:
- Stock name: Investment and Trading of Real Estate Joint Stock Company
- Stock type: common share
- Par value: VND10,000/share
- Number of shares issued: 87,654,427 shares
- Number of outstanding shares: 87,214,067 shares
- Number of treasury shares: 440,360 shares
- Number of shares expected to be issued: 8,721,406 shares
- Total value of issuance (at par value): VND87,214,060,000
- Exercise ratio: 10%
- 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 585 shares. With 10% exercise ratio, the shareholder A will receive: 585*10/100 = 58.5 shares. According to rounding policy, the shareholder A will receive 58 new shares and fractional shares of 0.5 share will be cancelled.
- Time of implementation: expected in Quarter 3/2022 or Quarter 4/2022, after being approved by the State Securities Commission of Vietnam (SSC).