(TBTCO) – The Board of Directors of Thai Nguyen International Hospital Joint Stock Company (Ck code: TNH) has just approved a plan to increase charter capital and deploy 2022 dividend payment in shares at a rate of 15%.
According to the announced plan, TNH will issue more than 14.3 million shares to pay dividends with a right exercise ratio of 100:15 (corresponding to shareholders owning 100 shares will receive 15 additional shares).
Capital issued from undistributed after-tax profits as of December 31, 2022, according to the audited 2022 financial report. Expected issuance time is December 2023 and January 2024, after approval by the General Meeting of Shareholders and the State Securities Commission’s notification of receipt of TNH’s full issuance documents.
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Shares issued to pay dividends to existing shareholders are not subject to transfer restrictions. Stocks in transfer restriction status can still receive shares from the dividend issuance. Treasury shares cannot exercise their rights. The right to receive dividends in shares is not transferable.
It is estimated that after the issuance is approved, the company’s charter capital will increase from nearly 959 billion VND to more than 1,102 billion VND. In addition, the plan to offer additional shares to the public to existing shareholders according to report No. 323 dated May 27, 2023 continues to be implemented by TNH in 2024.
At the end of the trading session on December 13, TNH shares currently stood at 21,300 VND/share./.
