Wednesday, 12/08/2020 16:06

ADS: Record date to pay stock dividend for 2019

On August 11, 2020, the Hochiminh Stock Exchange issued Announcement No.1393/TB-SGDHCM about the record date of Damsan Joint Stock Company as follows:

-          Ex-right date: August 21, 2020

-          Record date: August 24, 2020

1)      Reason & Purpose: to pay stock dividend for 2019.

2)      Content:

-          Exercise ratio: 10% (100:10) (shareholder who owns 100 shares will receive 10 new shares.)

-          Expected issue volume: 2,551,780 shares

-          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 152 shares. With 10% performing ratio, the shareholder A will receive: 152 *10/100 =15.2 shares. According to rounding policy, the shareholder A receives 15 new shares and fractional shares of 0.2 will be cancelled.

-          Place to receive subscription:

+ Shareholders whose shares have been deposited: at the securities firms where shares have been deposited.

+ Shareholders whose shares have not been deposited: at Damsan Joint Stock Company (Address: lot A4, Bui Vien Street, Nguyen Duc Canh Industrial zone, Tran Hung Dao Ward, Thai Binh City).

 

HOSE

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