Viet Nam Securities Depository and Clearing Corporation (VSDC) - Hochiminh Branch would like to announce the record date of corporate action processing for the Securities registering institution as follows:
Issuser's name:
IDICO-LongAn Investment Construction Joint Stock Company
Securities name:
Share of IDICO-LongAn Investment Construction Joint Stock Company
Securities type:
Common share
Reason:
Payment of 2024 stock dividend
- Execution rate: 100:60 (Shareholders are entitled to 60 new shares for every 100 shares they own);
- Principle of handling fractional shares: the number of shares additionally issued for each shareholder will be rounded down to the whole number, the decimal fractional shares (if any) will be removed.
For example: shareholder A who owns 241 shares is entitled to receive (241/100)*60=144.6 shares. According to above principle, shareholder A will receive 144 shares. The 0.6 fractional shares will be removed
- Payment place:
+ The holders whose shares have been deposited will receive shares at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will receive shares at Company's head office. 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.