On June 28, 2022, Military Insurance Corporation reports the result of stock issuance for dividend payment to existing shareholders as follows:
Information on stock:
- Stock name: Military Insurance Corporation
- Stock type: common share
- Par value: 10,000 dongs/share
- Number of shares issued: 143,000,000 shares
- Number of outstanding shares: 143,000,000 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 21,450,000 shares
- Exercise ratio: 100:15 (Those who own 100 shares will receive 15 new shares)
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be transferred to the Trade Union of Military Insurance Corporation.
- Record date: June 22, 2022
- Ending date: June 22, 2022
- Time for transferring shares: expected in Quarter III/2022.
Result:
- Number of distributed shares: 21,449,362 shares; Of which:
+ Number of distributed shares to shareholders according to the rate: 21,449,362 shares for 8,829 shareholders;
+ Number of fractional shares: 638 shares
- Total shares after the issuance (June 22, 2022): 164,450,000 shares; Of which:
+ Number of outstanding shares: 164,450,000 shares
+ Number of treasury shares: 0 share.