The Board resolution dated May 04, 2023, the BOD of HVC Investment and Technology Joint Stock Company approved the plan for stock issuance to pay dividend payment for 2023. Details are as follows:
- Stock name: HVC Investment and Technology Joint Stock Company
- Stock code: HVH
- Stock type: common share
- Par value: 10,000 dongs
- Charter capital: 369,499,950,000 dongs
- Number of shares issued: 36,949,995 shares
- Number of outstanding shares: 36,949,995 shares
- Number of treasury shares: 0
- Number of shares expected to be issued: 3,694,999 shares
- Total value (based on par value): 36,949,990,000 dongs
- Total number of shares after issuing: 40,644,994 shares
- Total value after issuing (based on par value): 406,449,940,000 dongs
- Exercise ratio: 10,0% (shareholder who owns 100 shares will receive 10 new shares).
- Plan to deal with fractional shares: The distributed shares will be rounded down to dozen, the fraction/al shares due to rounding down will be cancelled.
- Time of implementation: expected in June, 2023, after being approved by the State Securities Commission of Vietnam (SSC).