The Board of Directors of Sea & Air Freight International approved a plan for the 2021 interim dividend payment as follows:
− Stock name: Stock of Sea & Air Freight International
− Stock type: common stock
− Par value: VND10,000/share
− Total issued volume: 15,753,069 shares
− Outstanding volume: 14,023,057 shares
− Treasury shares: 1,730,012 shares
− Estimated issue volume: 7,011,528 shares
− Total issue value: VND70,115,280,000
− Exercise ratio: 2:1
− Financial resource: the undistributed after-tax profit
− Issue date: in January 2022
− Plan to deal with fractional shares: The shares newly issued to shareholders will be rounded down to units. The fractional shares (if any) will be cancelled.
For example, on the record date, shareholder A owns 115 shares. Shareholder A will receive: 115 x 1/2 = 57.5 shares. After rounded down, the real number of shares shareholder A receives will be 57 shares. The fractional part (0.5) will be cancelled.