On October 12, 2022, Sai Gon Thuong Tin Real Estate Joint Stock Company announces the stock issuance to pay dividend for 2021 as follows:
- Stock name: Sai Gon Thuong Tin Real Estate Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 366,356,303 shares
- Number of outstanding shares: 366,356,303 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 29,308,504 shares
- Total value (based on par value): VND293,085,040,000
- Exercise ratio: 100:08 (Shareholder who owns 100 shares will receive 08 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 869 shares. With 8% exercise ratio, the shareholder A will receive: 869 *8/100 = 69.52 shares. According to rounding policy, the shareholder A will receive 69 new shares and the fractional shares of 0.52 share will be cancelled.
Record date: October 26, 2022.