The Board of Directors of Hang Xanh Motors Service Joint Stock Company (stock code: HAX) approved the cash and stock dividend payment for 2021 as follows:

−        Record date: July 22, 2022

a. Stock dividend payment:

−        Issue ratio: 15% (those who own 100 shares will receive 15 new shares) 

−        Plan to deal with fractional shares: The shares newly issued to shareholders will be rounded down to units. The fractional shares (if any) will be cancelled.

For example, on the record date, shareholder A owns 150 shares. Shareholder A will receive: 150 x 15% = 22.5 shares. After rounded down, the real number of shares shareholder A receives will be 22 shares. The fractional part (0.5) will be cancelled.

b. Cash dividend payment:

−        Exercise ratio: 5%/par value (500 dongs/share)

−        Payment date: August 08, 2022.