On September 17, 2019, the Hochiminh Stock Exchange issued Announcement No.1191/TB-SGDHCM about the record date of Rang Dong Holding Joint Stock Company as follows:
- Ex-right date: October 08, 2019
- Record date: October 09, 2019
- Reason & purpose: To pay stock dividend for 2018.
- Content:
- Exercise ratio: 10:1 (10%) (shareholder who owns 10 shares will receive 01 new share.)
- Expected issue volume: 3,394,286 shares
- Plan to deal with fractional shares: The distributed shares will not be rounded down, the fractional shares will be cancelled.
- For example: At the record date, shareholder A owned 186 shares. With 10:01 performing ratio, the shareholder A will receive: 186*1/10 = 18.6 shares. According to rounding policy, the shareholder A receives 18 new shares. The fractional shares of 0.6 will be cancelled.
- Place of payment:
+ Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.
+ Shareholders whose shares have not been deposited: at Rang Dong Holding Joint Stock Company.