GIL: BoD approves to issue shares to dividend payment
GIL: BoD approves to issue shares to dividend payment
On August 13, 2018, the Board of Directors of Binh Thanh Import Export Production and Trade Joint Stock Company approved a plan for issuing shares to dividend payment:
- Stock name: Stock ofBinh Thanh Import Export Production and Trade Joint Stock Company
- Stock type: common share
- Par value: VND10,000/share
- Total issued volume: 13,924,588 shares
- Outstanding volume: 13,924,588 shares
- Treasury volume: 0 share
- Exercise ratio: 100:37% (Those who own 1 share will receive 01 right and 100 rights will receive 37 new shares.)
- Estimated issue volume: 5,152,097 shares
- Total issue value: VND51,520,970,000.
- Financial resource: Undistributed profit after tax
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.
- Time of implementation: Quarter 3, 4.2018
HOSE