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:
- Payment rate: 10:1 (Shareholders are entitled to 1 new share for every 10 shares they own);
- Principle of rounding and handling fractional shares: The number of shares issued for existing shareholders will be rounded down to the whole number. The fractional shares (if any) will be removed.
For example: at the record date, shareholder A owns 501 shares, then with the issuance rate of 10%, the number of additional shares issued to shareholder A is (501*10/100=50.1 shares). According to the above rounding principle, the number of new shares that shareholder A receives is 50 shares, the fractional number of shares (0.1 share) will be canceled.
- 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 headquarters of Cotana Group Joint Stock Company, address: Lot CC5A, Linh Dam Peninsula, Hoang Liet Ward, Hoang Mai District, Hanoi (on weekdays). ID cards have to be presented.