On November 11, 2021, FECON Mining Joint Stock Company announces the stock issuance to pay dividend for 2020 with details as follows:
- Stock name: FECON Mining Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 41,000,000 shares
- Number of outstanding shares: 41,000,000 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 41,000,000
- Total value of issuance (at par value): 41,000,000,000 dongs
- Exercise ratio: 10% (Those who own 10 shares will receive 01 new share).
- Plan to deal with fractional shares: The distributed shares will not be rounded down to units, the fractional shares (if any) will be cancelled.
- For example: At the record date, the shareholder A owns 1,255 shares. With performing ratio 10%, the shareholder A will receive25new shares and the fractional shares of 0.5 share will be cancelled.
- Record date: November 30, 2021.
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