The Board resolution dated May 26, 2021, the BOD of Vien Dong Investment Development Trading Corporation approved to implement the plan for 2020 dividend payment as follows:
- Stock name: Vien Dong Investment Development Trading Corporation
- Stock code: VID
- Stock type: common share
- Par value: VND10,000/share
- Number of shares issued: 30,880,070 shares
- Number of outstanding shares: 30,880,070 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 4,632,010 shares
- Total value of issue (based on par value): VND46,320,100,000
- Charter capital after the issuance: VND355,120,800,000
- Issue rate: 15% (shareholder who owns 100 shares will receive 15 new shares).
- Plan to deal with fractional shares: The distributed shares will be rounded down to dozen, the fractional shares due to rounding down will be cancelled.
- For example: at the record date, shareholder A owned 264 shares. With 15% performing ratio, the shareholder A will receive: 264*15/100 = 39.6 shares. According to rounding policy, the shareholder A receives 39 new shares and fractional shares of 0.6 will be cancelled.
- Expected execution time: Quarter III/2021, after being approved by the State Securities Commission of Vietnam (SSC).