KDH: Information on stock issuance

KDH: Information on stock issuance

On May 23, 2019, Khang Dien House Trading and Investment Joint Stock Company announces the stock issuance as follows:

1. Approving the stock issuance to pay dividend for 2018 and stock issuance to raise capital from the owner’s equity:

-       Stock name: Khang Dien House Trading and Investment Joint Stock Company

-       Stock code: KDH

-       Stock type: common share

-       Par value: 10,000 dongs

-       Number of shares issued: 414,023,353 shares

-       Number of outstanding shares: 414,023,353 shares

-       Number of treasury shares: 0 share

-       Number of shares expected to be issued:

+ Stock issuance to pay dividend: 20,701,167 shares

+ Stock issuance to raise capital from the owner’s equity: 103,505,838 shares

-       Total value (based on par value):

+ Stock issuance to pay dividend: VND207,011,670,000;

+ Stock issuance to raise capital from the owner’s equity: VND1,035,058,380,000.

-       Exercise ratio:

+ Stock issuance to pay dividend:  5% (shareholder who owns 100 shares will receive 05 new shares.)

+ Stock issuance to raise capital from the owner’s equity: 25% (shareholder who owns 100 shares will receive 25 new shares.)

-       Record date: June 12, 2019

-       Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.

2. Approving the stock issuance under ESOP:

-       Expected issue volume: 6,200,000 shares

-       Total value (based on par value): VND62,000,000,000

-       Issue price: VND15,000/share

-       Issue ratio: 1.5%

-       Time of implementation: from May 24, 2019 to July 02, 2019.

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