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HDC: Record date for 2019 stock dividend
HOSE - 5/20/2020 5:14:00 PM
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On May 19, 2020, the Hochiminh Stock Exchange issued Announcement No.957/TB-SGDHCM about the record date of Ba Ria – Vung Tau House Development Joint Stock Company as follows:

-          Ex-right date: May 28, 2020

-          Record date: May 29, 2020

-          Reason & purpose: to pay stock dividend for 2019.

-          Exercise ratio: 15% (shareholder who owns 100 shares will receive 05 new shares)

-          Expected issue volume: 8,592,541 shares

-          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 301 shares. With 5% performing ratio, the shareholder A will receive: 301 *15/100 = 45.15 shares. According to rounding policy, the shareholder A receives 45 new shares. The fractional shares of 0.15 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 Ba Ria – Vung Tau House Development Joint Stock Company (Floor 3rd, HODECO Plaza, 36 Nguyen Thai Hoc, ward 7, Vung Tau City).

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