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VID: Stock issuance to pay dividend
HSX - 11/13/2018 3:34:00 PM
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   On November 12, 2018, Vien Dong Investment Development Trading Corporation announces the stock issuance to pay dividend for existing shareholders as follows:

-       Stock name: Vien Dong Investment Development Trading Corporation

-       Stock code: VID

-       Charter capital:  VND255,227,670,000

-       Stock type: common share

-       Par value: 10,000 dongs

-       Number of share issued: 25,522,767 shares

-       Number of outstanding shares: 25,522,767 shares

-       Number of treasury shares: 0 share

-       Number of shares expected to be issued: 2,552,276 shares

-       Total value (based on par value): VND25,522,760,000

-       Exercise ratio: 10% (Shareholders are entitled to have 01 new share for every 10 shares owned).

-       Record date: November 27, 2018

-       Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.

-       For example: At the record date, shareholder A owned 1,234 shares. With 10% performing ratio, the shareholder A will receive: 1,234 * 10% = 123.4 shares. According to rounding policy, the shareholder A receives 123 new shares. The fractional shares of 0.4 will be cancelled.

 

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