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C47: Plan for stock issuance
HOSE - 3/17/2023 4:58:00 PM
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The Board resolution dated March 16, 2023, the BOD of Construction Joint Stock Company 47 approved the following issues:

1)      Plan for stock issuance to pay dividend for 2021:

-          Exercise ratio: 100:10 (10%) (Those who own 100 shares will receive 10 new shares)

-          Expected issue volume: 2,753,358 shares

-          Total value of issue (at par value): VND27,533,580,000

-          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 45 shares. With 10% exercise ratio, the shareholder A will receive: 45*10/100 = 4.5 shares. According to rounding policy, the shareholder A will receive 04 new shares and fractional shares of 0.5 share will be cancelled.

-          Transfer restriction: none

-          Regulation on rights transfer: these shares will not be transferred.

2)      Plan for stock issuance for capital increase from the owner’s equity:

-          Exercise ratio: 100:10 (10%) (Those who own 100 shares will receive 10 new shares)

-          Expected issue volume: 2,753,358 shares

-          Total value of issue (at par value): VND27,533,580,000

-          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 45 shares. With 10% exercise ratio, the shareholder A will receive: 45*10/100 = 4.5 shares. According to rounding policy, the shareholder A will receive 04 new shares and fractional shares of 0.5 share will be cancelled.

-          Transfer restriction: none.

-          Regulation on rights transfer: these shares will not be transferred.

 

 

 

 

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