On April 08, 2022, F.I.T Group Joint Stock Company announces the stock issuance to pay dividend as follows:
- Stock name: F.I.T Group Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 262,730,247 shares
- Number of outstanding shares: 262,730,247 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 26,273,024 shares
- Total value (based on par value): 262,730,240,000 dongs
- Issuing ratio: 10:1 (Shareholder who owns 10 shares will receive 01 new share).
- Plan to deal with fractional shares: The distributed shares will not be rounded down to dozen, the fractional shares due to rounding down will be cancelled.
- For example: at the record date, shareholder A owned 109 shares. With 10% performing ratio, the shareholder A will receive: 109*610/100 = 10.9 shares. According to rounding policy, the shareholder A receives 10 new shares and fractional shares of 0.9 will be cancelled.
- Record date: April 26, 2022.