HDG: Hadoco to issue bonus shares
Ha Do Group Joint Stock Company (HADOCO.,JSC) has announced that it will issue bonus shares to raise its charter capital from VND506,249,220,000 to VND556,873,990,000 in order to finance projects in 2013: Building N10 project - Dich Vong - Ha Noi city, Nguyen Van Cong project – Go Vap district, Ho Chi Minh city.
Plan for bonus stock issuance:
1. Stock code: HDG
2. Stock type: common stock
3. Par value: VND10,000
4. Number of shares issued: 50,624,922 shares
5. Number of outstanding shares: 50,624,777 shares
6. Number of treasury shares: 145 shares
7. Number of shares to be issued: 5,062,477 shares
8. Total value of shares to be issued: VND50,624,770,000.
9. Exercise ratio: 10:1 (01 bonus share for 10 current shares). (Note: Bonus shares are not applied to treasury shares)
10. Financial resource for the issuance: the cumulative profit after tax, capital surplus, and development fund until December 31, 2012 of the parent company, according to HADOCO’s 2012 consolidated financial statements.
11. Record date for shareholder list: June 10, 2013
12. How to deal with fractional share: the bonus shares issued to each shareholder will be rounded down. Fractional share (if any) will be bought back and paid in cash at VND10,000/share.
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