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DBC: Board resolution on stock dividend payment
HOSE - 6/1/2021 9:55:00 AM
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The Board of Directors of DABACO Group approved to announce a record date for the 2020 dividend payment as follows:

−        Record date: June 11, 2021

−        Purpose: to make the 2020 dividend payment

−        Issue ratio: 10:1 (those who own 10 shares will receive 01 new share) 

−        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 11 shares. Shareholder A will receive: 11 x 10:1 = 1.1 shares. After rounded down, the real number of shares shareholder A receives will be 1 shares. The fractional part (0.1) will be cancelled.

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