On September 26, 2019, Transport and Industry Development Investment Joint Stock Company announces the information on stock issuance for 2018 dividend payment to existing shareholders as follows:
- Stock name: Transport and Industry Development Investment Joint Stock Company
- Stock type: common share
- Par value: VND10,000/share
- Number of shares issued: 38,230,192 shares
- Number of outstanding shares: 38,230,192 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 3,823,019 shares
- Total value (based on par value): VND38,230,190,000
- Issue ratio: 10%
- Record date: October 11, 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 311 shares. With 10% performing ratio, the shareholder A will receive: 311*10/100 = 31.1 shares. According to rounding policy, the shareholder A receives 31 new shares. The fractional shares of 0.1 will be cancelled.