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: 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 received will be rounded down to the whole number, the decimal fractional shares (if any) will be removed.
Example: On the record date, shareholder A who owns 568 shares are entitled to receive 568*1/10=56.8 shares. According to the rounding principle, shareholder A will receive 56 shares, the 0.8 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 Quang Ngai Agricultural Products and Foodstuff Joint Stock Company. ID cards have to be presented.