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KDC: Record date for using treasury shares to distribute to existing shareholders
HOSE - 11/24/2021 4:12:00 PM
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On November 22, 2021, the Hochiminh Stock Exchnage issued an Announcement No.2007/TB-SGDHCM about the record date of KIDO Group Corporation as follows:

-          Ex-right date: November 30, 2021

-          Record date: December 01, 2021

1)      Reason & Purpose: to use treasury shares to distribute to existing shareholders.

2)      Content:

-          Exercise ratio: 10% (shareholder who owns 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 distributed to the Labor Union with VND10,000/share. The proceeds from the sale of these shares are not received by shareholders.

-          For example: at the record date, shareholder A owned 549 shares. With 10:1 performing ratio, the shareholder A will receive: 549 *1/100 =54.90 shares. According to rounding policy, the shareholder A receives 54 new shares and fractional shares of 0.90 will be distributed to the Labor Union with VND10,000/share.

-          Place of payment:

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

+ Shareholders whose shares have not been deposited: at KIDO Group Corporation.

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