The Board resolution dated February 15, 2019, the Board of Directors of Sao Mai Group Corporation approved the plan for stock issuance to pay dividend for 2017 and to pay first dividend for 2018 as follows:
- Stock name: Sao Mai Group Corporation
- Stock code: ASM
- Stock type: common share, freely transferable
- Par value: 10,000 dongs
- Number of outstanding shares: 241,933,853 shares
- Number of shares expected to be issued: 16,935,369 shares
- Total value (based on par value): VND169,353,690,00
- Exercise ratio: 7% (Shareholder who owns 100 shares will receive 07 new shares.)
- Time of implementation: 90 days from the approval date by the State Securities Commission of Vietnam (SSC).
- Exercise ratio: 1:1