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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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