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Wednesday, 21/10/2020 16:32

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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