Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the record date of corporate action processing for the Securities registering institution as follows:
- Execution rate: 100:8 (shareholders are entitled to receive 8 new shares for every 100 shares they own)
- Principle of rounding, handling fractional shares: The number of shares issued will be rounded down to the whole number, the decimal fractional shares will be removed.
For example, on record date, shareholder A who owns 110 shares is entitled to receive 110 x 8% = 8.8 new shares. According to rounding principle and handling fractional shares, shareholder will receive 8 shares, the 0.8 fractional share 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 the stock dividend at Company's head office, no.54 Tien PHong street, Dang Hai ward, Hai An district, Hai Phong city. ID cards have to be presented.
Coordination details and procedures for corporate action processing for holders of the above securities between VSDC, the Securities registering institution and depository members are specified in the Guideline on corporate action processing for securities holders at VSDC.