On August 10, the Hochiminh Stock Exchange issued Announcement No.1383/TB-SGDHCM on the record date of Garmex Saigon Corporation (stock code: GMC) as follows:
- Ex-right date: August 25, 2020
- Record date: August 26, 2020
- Purpose: To pay stock dividend for 2019;
- Detailed contents:
- Exercise ratio: 12%
The one who owns 100 shares at the record date will receive 12 new shares
- Estimated issue volume: 3,209,652 shares
- How to deal with fractional shares: The number of newly issued shares distributed to each existing shareholder will be rounded down. The fractional share will be cancelled.
- Place of implementation:
+ Shareholders whose shares have been deposited: at the securities firms where shares have been deposited.
+ Shareholders whose shares have not been deposited: at Garmex Saigon Corporation.