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VPG: Record date for 2022 cash & stock dividend payment

28/06/2023
On June 26, 2023, the Hochiminh Stock Exchange issued an Announcement No.1111/TB-SGDHCM about the record date of Viet Phat Import Export Trading Investment Joint Stock Company as follows: -          Ex-right date: July 06, 2023 -          Record date: July 07, 2023 Reason & Purpose: -          To pay cash dividend for 2022; -          To pay stock dividend for 2022. Content: a.   To pay cash dividend for 2022: -          Exercise ratio: 0.5%/par value (50 dongs/share) -          Payment time: July 31, 2023 -          Place of implementation: + For deposited securities: Shareholder will implement procedures to receive dividend at the securities company where shareholders opened securities depository account. + For undeposited securities: Shareholder will receive dividend at VPG’s head office on working days. Please present shareholder’s identity card/citizen identity card and Share ownership certificate when receiving dividend at the Head office. b.   To pay stock dividend for 2022: -          Expected issue volume: 4,009,916 shares -          Exercise ratio: 100:5 (Those who own 100 shares will receive 05 new shares.) -          Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be cancelled. -          For example: at the record date, shareholder A owns 135 shares. With 5% performing ratio, the shareholder A will receive: 135 *5/100 = 6.75 shares. According to rounding policy, the shareholder A will receive 06 new shares and the fractional share of 0.75 share will be cancelled. -          Place of implementation: + For deposited securities: Shareholder will implement procedures to receive dividend at the securities company where shareholders opened securities depository account. + For undeposited securities: Shareholder will receive dividend at VPG’s head office on working days. Please present shareholder’s identity card/citizen identity card and Share ownership certificate when receiving dividend at the Head office.
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