Hang Xanh Motors Service Joint Stock Company announces a share issue for dividend payment:
I. Information on the issuer:
- Issuer: Hang Xanh Motors Service Joint Stock Company
- Short name: HAXACO
- Head office: 333 Dien Bien Phu, ward 15, Binh Thanh district, HCMC
- Stock code: HAX
II. Purpose of share issue: to pay dividends
III. Plan for share issue:
− Stock name: Stock of Hang Xanh Motors Service Joint Stock Company
− Stock type: common stock
− Par value: VND10,000/share
− Total issued volume: 36,744,399 shares
− Outstanding volume: 36,744,399 shares
− Treasury shares: 0 shares
− Estimated issue volume: 11,023,319 shares
− Total issue value: VND110,233,190,000
− Issue ratio: 10:3
− Financial resource: the retained profit
− Record date: May 28, 2021
− 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 549 shares. Shareholder A will receive: 549 x 10:3 = 164.7 shares. After rounded down, the real number of shares shareholder A receives will be 164 shares. The fractional part (0.7) will be cancelled.