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MHC: Stock issuance to pay dividend
HSX - 7/26/2019 3:09:00 PM
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On July 25, 2019, MHC Joint Stock Company announces the information on stock issuance for dividend payment to existing shareholders as follows:

-          Stock name: MHC Joint Stock Company

-          Stock type: common share

-          Par value: VND10,000/share

-          Number of shares issued: 37,643,896 shares

-          Number of outstanding shares: 37,643,776 shares

-          Number of treasury shares: 120 shares

-          Number of shares expected to be issued: 3,764,377 shares

-          Total value (based on par value): VND37,643,770,000

-          Issue ratio:  10%

-          Record date: August 08, 2019

-          Time of implementation: expected in July 2019 or August 2019

-          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 584 shares. With 10% performing ratio, the shareholder A will receive: 584 * 10/100 = 58.4 shares. According to rounding policy, the shareholder A receives 58 new shares. The fractional shares of 0.4 will be cancelled.

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