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BKG: Stock issuance for dividend payment
HOSE - 10/10/2022 2:02:00 PM
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On October 06, 2022, BKG VietNam Investment Joint Stock Company announces the stock issuance to pay dividend as follows:

-          Stock name: BKG VietNam Investment Joint Stock Company

-          Stock type: common share

-          Par value: 10,000 dongs

-          Number of shares issued: 62,000,000 shares

-          Number of outstanding shares: 62,000,000 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued:

+ To pay stock dividend for 2020: 3,100,000 shares

+ To pay stock dividend for 2021: 3,100,000 shares

-          Total value (based on par value):

+ To pay stock dividend for 2020: VND31,000,000,000

+ To pay stock dividend for 2021: VND31,000,000,000.

-          Exercise ratio:

+ To pay stock dividend for 2020: 100:05 (Shareholder who owns 100 shares will receive 05 new shares).

+ To pay stock dividend for 2021: 100:05 (Shareholder who owns 100 shares will receive 05 new shares).

-          Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.

-          For example: at the record date, shareholder A owns 3,956 shares. With 5% exercise ratio, the shareholder A will receive: 3,956 *5/100 = 197.8 shares. According to rounding policy, the shareholder A will receive 197 new shares and the fractional shares of 0.8 share will be cancelled.

Record date: October 25, 2022.

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