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 IDI: BOD resolution on issuing shares to pay remaining dividend for 2018
HSX - 10/3/2019 11:12:00 AM
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On September 27, 2019, I.D.I International Development and Investment Corporation issued a decision to approve to pay remaining stock dividend for 2018 as follows:
- Stock name: I.D.I International Development and Investment Corporation
- Stock code: IDI
- Stock type: common share
- Par value: VND10,000/share
- Number of shares issued: 197,953,420 shares
- Number of outstanding shares: 197,953,420 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 26,693,013 shares
- Total value (based on par value): VND296,930,130,000
- Issue ratio: 100:15 (shareholder who owns 01 share will receive 01 right, and with every 100 rights will be entitled to purchase 15 new shares).
- 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 2,019 shares. With 100:15 performing ratio, the shareholder A will receive: 2,019*15/100 = 302.85 shares. According to rounding policy, the shareholder A receives 302 new shares. The fractional shares of 0.85 will be cancelled.
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