Phat Dat increases charter capital to nearly VND 9,800 billion, amends company Charter
On August 14, 2025, Phat Dat Real Estate Development Corporation (PDR) published non-scheduled information disclosure regarding changes to its charter capital and amendments to its Charter.
According to BOD Resolution No. 20/2025/HDQT-QD dated August 13, 2025, the BOD of Phat Dat Real Estate Development Corporation approved the adjustment of the charter capital following the completion of a share issuance to pay dividends to existing shareholders.
Specifically:
- Charter capital before amendment: VND 9,072,350,830,000 (Nine trillion, seventy-two billion, three hundred fifty million, eight hundred thirty thousand VND).
- Charter capital after amendment: VND 9,798,093,790,000 (Nine trillion, seven hundred ninety-eight billion, ninety-three million, seven hundred ninety thousand VND).
The capital increase was implemented by issuing shares to pay dividends (issuing an additional 72,574,296 ordinary shares, with a par value of VND 10,000 per share). The effective date of the charter capital change is August 13, 2025.
The adjustment of the charter capital necessitated amendments to the Company Charter. Specifically, Clause 1, Article 7 of the Company Charter was revised as follows:
“Article 7. Charter capital, shares, founding shareholders
1. The Company’s charter capital at the time of this Charter is VND 9,798,093,790,000 (in words: Nine trillion, seven hundred ninety-eight billion, ninety-three million, seven hundred ninety thousand VND). The Company’s Charter Capital is divided into 979,809,379 (nine hundred seventy-nine million, eight hundred nine thousand, three hundred seventy-nine) shares at the par value of VND 10,000 VND (Ten thousand VND) per share.”