On October 04, 2021, Investment and Trading of Real Estate Joint stock Company announces the information on stock issuance to pay dividend for 2020 to existing shareholders with details as follows:
- Stock name: Investment and Trading of Real Estate Joint stock Company
- Stock type: common share
- Par value: VND10,000/share
- Number of shares issued: : 79,726,294 shares
- Number of outstanding shares: 79,285,934 shares
- Number of treasury shares: 440,360 shares
- Number of shares expected to be issued: 7,928,593 shares
- Total value of issuance (at par value): 79,285,930,000 dongs
- Exercise ratio: 10% (Those who own 100 shares will receive 10 new shares)
- Plan to deal with fractional shares: The distributed shares will not be rounded down into 01 share, the fractional shares (if any) will be cancelled.
- For example: at the record date to pay stock dividend, shareholder A owns 585 shares. With 10% performing ratio, the shareholder A will receive: 585 *10/100 = 58.5 shares. According to rounding policy, the shareholder A will receive 58 new shares and fractional shares of 0.5 will be cancelled.
- Time of implementation: Quarter III/2021 or Quarter IV/2021.