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SCR: Record date for 2018 stock dividend
HOSE - 11/29/2019 4:27:00 PM
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On November 28, 2019, the Hochiminh Stock Exchange issued Announcement No.1422/TB-SGDHCM about the record date of Sai Gon Thuong Tin Real Estate Joint Stock Company as follows:

-       Ex-right date: December 17, 2019

-       Record date: December 18, 2019

-       Reason & purpose: to pay stock dividend for 2018.

-       Content:

-       Exercise ratio: 8% (shareholder who owns 01 share will receive 01 right, and with every 100 rights will be entitled to purchase 08 new shares.)

-       Expected issue volume: 27,137,814 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 110 shares. With 8% performing ratio, the shareholder A will receive: (110 * 8)/100 = 8.8 shares. According to rounding policy, the shareholder A receives 08 new shares. The fractional shares of 0.8 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 Sai Gon Thuong Tin Real Estate Joint Stock Company.

 

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