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CRE: Notice of stock issuance for capital increase and the 2018 dividend payment

Jan 29th at 11:16
29-01-2019 11:16:20+07:00

CRE: Notice of stock issuance for capital increase and the 2018 dividend payment

Century Land Joint Stock Company announced the information on a stock issuance to increase its share capital from the owner’s capital and the 2018 dividend payment:

  1. Stock name: Stock ofCentury Land Joint Stock Company
  2. Stock type: common share
  3. Par value: VND10,000/share
  4. Total issued volume: 50,000,000 shares
  5. Outstanding volume: 50,000,000 shares
  6. Treasury volume: 0 share
  7. Expected issue volume: 30,000,000 shares
  8. Total issue value: VND300,000,000,000
  9. Issue ratio (Expected issue volume/Total volume):

-       The 2018 dividend payment: 15% (Those who own 100 shares will receive 15 new shares.)

-       Stock issuance for capital increase: 45% (Those who own 100 shares will receive 45 new shares.)

  1. Financial resource: Undistributed profit after tax and capital surplus
  2. Record date: February 15, 2019
  3. Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be bought with VND10,000/share. 

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