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HSL: Stock issuance to pay dividend
HSX - 9/5/2018 1:26:00 PM
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On September 04, 2018, Hong Ha Son La Processing Agricultural Product Joint Stock Company announces the stock issuance to pay dividend to existing shareholders as follows:

-       Stock name: Hong Ha Son La Processing Agricultural Product Joint Stock Company

-       Stock code: HSL

-       Charter capital:  VND126,000,000,000

-       Stock type: common share

-       Par value: 10,000 dongs

-       Number of share issued: 12,600,000 shares

-       Number of outstanding shares: 12,600,000 shares

-       Number of treasury shares: 0 share

-       Number of shares expected to be issued: 3,150,000 shares

-       Total value (based on par value): VND31,500,000,000

-       Exercise ratio: (25%) 4:1 (Shareholders are entitled to have 01 new share for every 04 shares owned.); Of which:

+ To pay stock dividend for 2016: 10%

+ To pay stock dividend for 2017: 15%

-       Record date: September 20, 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 50 shares. With 25% performing ratio, the shareholder A will receive: 50 * 25% = 12.5 shares. According to rounding policy, the shareholder A receives 12 new shares. The fractional shares of 0.5 will be cancelled.

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