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Monday, 31/08/2020 15:50

HSL: Board resolution on stock dividend payment for 2018

On August 28, 2020, the Board of Directors of Hong Ha Food Investment Development Joint Stock Company (stock code: HSL) approved a share issue for the 2018 dividend payment:

−        Stock name: Stock of Hong Ha Food Investment Development Joint Stock Company

−        Stock type: common stock

−        Par value: VND10,000/share

−        Listing volume: 15,749,956 shares

−        Outstanding volume: 15,749,956 shares

−        Treasury shares: 0 shares

−        Estimated issue volume: 1,417,496 shares

−        Total issue value: VND14,174,960,000

−        Estimated maximum volume after the share issue: 17,167,452 shares

−        Total maximum value after the share issue: VND171,674,520,000

−        Issue ratio: 100:9

−        Financial resource: the undistributed profit after tax

−        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 13,680 shares. Shareholder A will receive: 13,680 x 100:9 = 1,231.2 shares. After rounded down, the real number of shares shareholder A receives will be 1,231 shares. The fractional part (0.2) will be cancelled.

−        Estimated issue date: in Quarter 3 of 2020 and after the State Securities Commission approves the share issue.

HOSE

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