According to Board Resolution No.04/05/2020/QD-HDQT dated May 21, 2020, the Board of Directors of Petro Center Corporation approved the stock dividend payment for 2019 as follows:

-          Stock code:                                                     PMG

-          Stock type:                                                      common stock

-          Par value:                                                        VND10,000/share

-          Number of outstanding shares:                       42,124,094 shares

-          Number of treasury shares:                             0 shares 

-          Number of shares expected to be issued:       4,212,409 shares 

-          Value of shares expected to be issued (based on par value): VND42,124,094,000

-          Issue ratio: 10% or 100:10 (Those who own 100 shares will receive 10 new shares.)

-          Plan to deal with fractional shares: The shares newly issued to shareholders will be rounded down to units. The fractional shares (if any) will be cancelled.

For example, on the record date, shareholder A owns 11 shares. Shareholder A will receive: (11 x 10)/100 = 1.1 shares. After rounded down, the real number of shares shareholder A receives will be 01 new share. The fractional part (0.1) will be cancelled.

-          Financial resource for the issue: the undistributed after-tax profit.

-          Issue date: in Quarter II - Quarter III of 2020.