Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the record date as follows:
- Payment rate: 7.5% (Shareholders are entitled to 7.5 new shares for every 100 shares they own)
- Principle of rounding and handling fractional shares: The number of shares issued will be rounded down to the whole number to ensure total distributed shares not exceeding total issued shares, the fractional shares (if any) will be removed and the new charter capital will be registered in accordance with actually distributed shares.
- For example: Shareholder A who owns 1,234 shares is entitled to receive 92.55 shares (1,234 x 7,5 :100 = 92.55). According to the principle of rounding, A will only receive 92 shares and the 0.55 fractional shares will be removed.
- Payment place:
+ The holders whose shares have been deposited will receive dividend at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will receive dividend at the Finance-Accounting departement of Lam Son Sugar JSC, Lam Son town, Tho Xuan district, Thanh Hoa province. ID cards have to be presented.
Depository members (DMs) are requested to compare the securities holders’ information in the List generated and sent in the form of Certificate of Authorization by VSDC with the information managed by DMs then send Confirmation (Form 03/THQ) in the form of Certificate of Authorization on the accuracy of the list of shareholders (For DMs who have not completed the connection to VSDC’s terminal-based gateway/ISO-based gateway or where the connection has been disrupted, the Confirmation with Certificate of Authorization shall be sent to thongbaoxacnhan@vsd.vn). In case of rejection due to data errors, VSDC's members are requested to send written notice on details of errors for necessary correction.