On October 05, 2020, An Phat Bioplastics Joint Stock Company announces the stock issuance to pay dividend as follows:
- Stock name: An Phat Bioplastics Joint Stock Company
- Stock code: AAA
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 211,199,976 shares
- Number of outstanding shares: 211,199,976 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 10,559,998 shares
- Total value (based on par value): 105,599,980,000 dongs
- Issuing ratio: 5%
- Record date: October 20, 2020
- Plan to deal with fractional shares: The distributed shares will not be rounded down to dozen, the fractional shares due to rounding down will be decided by the BOD to distribute to other shareholders with the selling price of VND 10,000/share.
For example: At the record date, shareholder A owned 2,222 shares. With 5% performing ratio, the shareholder A will receive: 2,222 * 5/100 =111.1 shares. According to rounding policy, the shareholder A receives 111 new shares and fractional shares of 0.1 share.