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SVT: Record date to pay stock dividend for 2019
HOSE - 9/3/2020 2:48:00 PM
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On September 01, 2020, the Hochiminh Stock Exchange issued Announcement No.1502/TB-SGDHCM about the record date of Sai Gon Vien Dong Technology Joint Stock Company as follows:

-          Ex-right date: September 15, 2020

-          Record date: September 04, 2020

1)      Reason & Purpose: to pay stock dividend for 2019.

2)      Content:

-          Exercise ratio: 10% (shareholder who owns 100 shares will receive 10 new shares.)

-          Expected issue volume: 1,052,693 shares

-          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 cancelled.

-          For example: at the record date, shareholder A owned 264 shares. With 10% performing ratio, the shareholder A will receive: 264 *10/100 =26.4 shares. According to rounding policy, the shareholder A receives 26 new shares and fractional shares of 0.4 will be cancelled.

-          Place to receive subscription:

+ Shareholders whose shares have been deposited: at the securities firms where shares have been deposited.

+ Shareholders whose shares have not been deposited: at Sai Gon Vien Dong Technology Joint Stock Company (Address: 102A Pho Co Dieu, ward 4, district 11, Hochiminh).

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