On November 12, 2021, Investment and Trading of Real Estate Joint stock Company announces the stock issuance to pay dividend for 2020 with details as follows:
- Stock name: Investment and Trading of Real Estate Joint stock Company
- Stock type: common share
- Par value: 10,000 dongs
- 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: 1:0.1 (10%) (Those who own 01 share will receive 0.1 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, shareholder A owned 585 shares. With 10% performing ratio, the shareholder A will receive: 585 *10/100 =58.5 shares. According to rounding policy, the shareholder A receives 58 new shares and fractional shares of 0.5 will be cancelled..
- Record date: November 23, 2021.