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CTG: Record date for stock dividend payment
HOSE - 6/30/2021 4:44:00 PM
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  On June 28, 2021, the Hochiminh Stock Exchange issued Announcement No.1232/TB -SGDHCM about the record date of Viet Nam Joint Stock Commercial Bank For Industry And Trade as follows:

-          Ex-right date: July 07, 2021

-          Record date: July 08, 2021

1)      Reason & Purpose: to pay stock dividend.

2)      Content:

-          Exercise ratio: 100:29.0695 (shareholder who owns 1,000,000 shares will receive 290,695 new shares.)

-          Expected issue volume: 1,082,375,087 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 100 shares. With 100:29.0695 performing ratio, the shareholder A will receive: 100 *29.0695/100 =29.0695 shares. According to rounding policy, the shareholder A receives 29 new shares and fractional shares of 0.695 will be cancelled.

-          Place of payment:

+ Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.

+ Shareholders whose shares have not been deposited: at Vietnam Bank for Industry and Trade Securities Joint Stock Company.

 

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