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MHC: Board resolution on stock issuance for dividend payment
HSX - 7/19/2019 11:07:00 AM
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On July 17, the Board of Directors of MHC Joint Stock Company approved the plan for issuing shares to pay dividend for 2018 as follows:

−        Expected issue volume: 3,764,377 shares

−        Exercise ratio: 10:1 (those who own 10 shares will receive 01 new share)

−        Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.   

Financial resource: the undistributed after-tax profit. 

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