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STG: Stock issuance to pay dividend
HSX - 11/26/2018 4:02:00 PM
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On November 22, 2018, South Logistics Joint Stock Company announces the stock issuance to pay dividend to existing shareholders as follows:

-       Stock name: South Logistics Joint Stock Company

-       Stock code: STG

-       Charter capital:  VND854,378,790,000

-       Stock type: common share

-       Par value: 10,000 dongs

-       Number of share issued: 85,437,879 shares

-       Number of outstanding shares: 85,437,879 shares

-       Number of treasury shares: 0 share

-       Number of shares expected to be issued: 12,815,681 shares

-       Total value (based on par value): VND128,156,810,000

-       Exercise ratio: 15% (Shareholders are entitled to have 05 new shares for every 100 shares owned).

-       Record date: December 21, 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 303 shares. With 15% performing ratio, the shareholder A will receive: 303 * 15/100 = 45.45 shares. According to rounding policy, the shareholder A receives 45 new shares. The fractional shares of 0.45 will be cancelled.

 

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