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VDS: Record date for 2020 stock dividend
HOSE - 7/2/2021 5:05:00 PM
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On June 30, 2021, the Hochiminh Stock Exchange issued Announcement No.1253/TB-SGDHCM about the record date of Viet Dragon Securities Corporation as follows:

-          Ex-right date: July 08, 2021

-          Record date: July 09, 2021

1)      Reason & Purpose: to pay stock dividend for 2020.

2)      Content:

-          Exercise ratio: 20:01 (shareholder who owns 20 shares will receive 01 new share.)

-          Expected issue volume: 5,004,995 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 owns 205 shares. With 20:01 performing ratio, the shareholder A will receive: 205 *1/20 =10.25 shares. According to rounding policy, the shareholder A receives 10 new shares and fractional shares of 0.25 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 Viet Dragon Securities Corporation (Address: Viet Dragon Building, 141 Nguyen Du, district 1, Hochiminh).

 

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