On December 10, 2021, Thai Nguyen International Hospital Joint Stock Company announces the information on stock issuance to pay dividends with details as follows:
- Stock name: Thai Nguyen International Hospital Joint Stock Company
- Stock type: common share
- Stock code: TNH
- Par value: VND10,000/share
- Expected issuance volume: 10,375,000 shares
- Total value of issuance (estimated): VND103,750,000,000
- Exercise ratio: 25% (Those who own 01 share will receive 01 right, and with every 10 rights will be entitled to receive 2.5 new shares).
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.
- For example: At the record date, the shareholder A owns 2,222 shares. With performing ratio 25%, the shareholder A will receive 2,222*25%= 555.5 shares. According to rounding policy, the shareholder A will receive 555 new shares and the fractional shares of 0.5 share will be cancelled.
- Time of implementation: expected in Quarter IV/2021 or Quarter I/2022, after being approved by the State Securities Commission of Vietnam (SSC).