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KSB: Record date to pay stock dividend for 2019 On October 20, 2020, the Hochiminh Stock Exchange issued Announcement No.1765/TB-SGDHCM about the record date of Binh Duong Mineral and Construction Joint Stock Company as follows:
- Ex-right date: October 27, 2020
- Record date: October 28, 2020
1) Reason & Purpose: to pay stock dividend for 2019.
2) Content:
- Exercise ratio: 10:2 (shareholder who owns 10 shares will receive 02 new shares.)
- Expected issue volume: 10,688,896 shares
- Plan to deal with fractional shares: The distributed shares will be rounded down to dozen, the fractional shares due to rounding down will be cancelled.
- For example: at the record date, shareholder A owned 16 shares. With 10:2 performing ratio, the shareholder A will receive: 16 *2/10 =3.2 shares. According to rounding policy, the shareholder A receives 03 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 Binh Duong Mineral and Construction Joint Stock Company (Address: Binh Duong Boulevard, Hoa Lan 1 Area, Thuan Giao Ward, Thuan An City, Binh Duong Province). HOSE
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