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PC1: Record date for stock dividend
HSX - 6/10/2019 4:08:00 PM
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On June 07, 2019, the Hochiminh Stock Exchange issued Announcement No.838/TB-SGDHCM about the record date of Power Construction Joint Stock Company as follows:

-       Ex-right date: June 19, 2019

-       Record date: June 20, 2019

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

-       Content:

  • Exercise ratio: 20% (Shareholder who owns 100 shares will receive 20 new shares).
  • Expected issue volume: 26,553,972 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 08 shares. With 20% performing ratio, the shareholder A will receive: 08 * 20/100 = 1.6 shares. According to rounding policy, the shareholder A receives 01 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 Power Construction Joint Stock Company.

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