Monday, 16/11/2020 16:33

VIB: Record date for stock dividend

On November 13, 2020, the Hochiminh Stock Exchange issued Announcement No.1892/TB-SGDHCM about the record date of Vietnam International Commercial Joint Stock Bank as follows:

-          Ex-right date: November 19, 2020

-          Record date: November 20, 2020

1)      Reason & Purpose: to pay stock dividend.

2)      Content:

-          Exercise ratio: 20%

-          Expected issue volume: 184,898,279 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 101 shares. With performing ratio, the shareholder A will receive: 20.2 shares. According to rounding policy, the shareholder A receives 20 bonus shares, the fractional shares will be cancelled.

-   Place of payment:

  • Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.
  • Shareholders whose shares have not been deposited: at Vietnam International Commercial Joint Stock Bank.

HOSE

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