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.