Century Land Joint Stock Company (HSX: CRE, Cen Land) announced the record date for the right to receive issued shares for capital increase from the owner’s equity.

December 30, 2020 will be the record date for the right to receive issued shares for capital increase from the owner’s equity.

Century Land Joint Stock Company said that issuing ratio was 20 per cent (Shareholder who owns 10 shares will be received 02 new shares). Execution time is in the first quarter of 2021.

CRE announces the record date for the right to receive issued shares.

Total value based on par value is about 160 billion dong. Capital for the issuance comes from undistributed after-tax profit on Audited Separate Financial Statements 2019 on December 31, 2019 of Century Land Joint Stock Company in 2019.

Shares of CRE are strongly attracting investors. Most recently, CRE announced its business results for the first 11 months of the year reaching over 1,838 billion dong, of which from revenue brokerage is 948 billion dong, accounting for 51 per cent of total revenue thanks to strong sales growth at the end of the year.

With more than 100 projects for sale and over 600 billion dong to add in the revenue, CRE will achieve growth in short and long term.