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IDI: Decision on handling fractional shares
HSX - 10/3/2019 11:13:00 AM
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.D.I International Development and Investment Corporation issued a decision to approve the handle of fractional shares as follows:

  • 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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