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TLD: BOD approved to pay stock dividend for 2018 The Board resolution dated November 13, 2020, the BOD of Thang Long Urban Development and Construction Investment Joint Stock Company approved the following issues:
1) Approving to carry out the 2018 stock dividend payment:
- Stock name: Thang Long Urban Development and Construction Investment Joint Stock Company
- Stock code: TLD
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 38,054,077 shares
- Number of outstanding shares: 38,054,077 shares
- Number of treasury shares: 0 share
- Exercise ratio: 100:5 (shareholder who owns 100 shares will receive 05 new shares).
- Number of shares expected to be issued: 1,902,703 shares
- Total value (based on par value): VND 19,027,030,000
- 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 10,368 shares. With 5% performing ratio, the shareholder A will receive: 10,368 *5/100 =518.4 shares. According to rounding policy, the shareholder A receives 518 new shares.
- These shares will be transferred freely.
- Expected issue time: Q4.2020 or Q1.2021, after being apporved by the State Securities Commission of Vietnam (SSC).
Approving the dossier to issue shares for 2018 dividend payment. HOSE
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