On September 16, 2019, the Hochiminh Stock Exchange issued Announcement No.1187/TB-SGDHCM about the record date of SAM Holdings Corporation as follows:
- Ex-right date: September 24, 2019
- Record date: September 25, 2019
- Reason & purpose: To pay stock dividend for 2018.
- Content:
- Exercise ratio: 100:03 (shareholder who owns 100 shares will receive 03 new shares.)
- Expected issue volume: 7,471,087 shares
- Plan to deal with fractional shares: The distributed shares will not be rounded down, the fractional shares will be cancelled.
- For example: At the record date, shareholder A owned 1,235 shares. With 100:03 performing ratio, the shareholder A will receive: (1,235 * 3)/100 = 37.5 shares. According to rounding policy, the shareholder A receives 37 new shares. The fractional shares of 0.5 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 SAM Holdings Corporation.