On June 05, 2023, Truong Thanh Energy and Real Estate Joint Stock Company announces the stock issuance for dividend payment as follows:
- Stock name: Truong Thanh Energy and Real Estate Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 65,591,772 shares
- Number of outstanding shares: 65,591,772 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 7,215,094 shares
- Total value (based on par value): 72,150,940,000 dongs
- Exercise ratio: 100:11) (Those who own 100 shares will receive 11 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 186 shares. With 100:11 exercise ratio, the shareholder A will receive: 186 *11/100= 20.46 shares. According to rounding policy, the shareholder A will receive 20 new shares and the fractional shares of 0.46 share will be cancelled.
- Record date: June 16, 2023.