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TLH: Notice of the plan to issue shares for dividend payment

06/06/2023
On June 05, 2023, Tien Len Steel Corporation Joint Stock Company approved the plan for stock issuance to pay dividend. Details are as follows: 1)      Stock name: Tien Len Steel Corporation Joint Stock Company 2)      Stock type: common share 3)      Number of shares issued: 102,110,621 shares 4)      Number of outstanding shares: 102,110,621 shares 5)      Number of treasury shares: 0 share 6)      Number of shares expected to be issued: 10,211,062 shares 7)      Total value (based on par value): 102,110,620,000 dongs 8)      Exercise ratio: 100:10 (Those owning 100 shares will receive 10 new shares). 9)      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. For example: Shareholder A owns 116 shares. The shareholder A will receive: 116 * 10:100 = 11.6 shares. According to rounding policy, the shareholder A will receive 11 shares and the fractional shares of 0.6 share will be cancelled. 10)  Record date: June 21, 2023.
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