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SMA: Announcement of stock dividend payment for 2019 Saigon Machinery Spare Parts Joint Stock Company announces a share issue for the 2019 dividend payment:
- I. Information on the issuer:
- Issuer: Saigon Machinery Spare Parts Joint Stock Company
- Head office: 205A Nguyen Xi Street, Ward 26, Binh Thanh District, Ho Chi Minh City
- Stock code: SMA
- Charter capital: VND190,214,990,000
- II. Purpose of share issue: to pay dividends for 2019
- III. Plan for share issue:
− Stock name: Stock of Saigon Machinery Spare Parts Joint Stock Company
− Stock type: common stock
− Par value: VND10,000/share
− Total issued volume: 19,021,499 shares
− Outstanding volume: 19,021,499 shares
− Treasury shares: 0 shares
− Estimated issue volume: 1,331,505 shares
− Total issue value: VND13,315,050,000
− Issue ratio: 100:7
− Financial resource: the profit after tax in the 2019 audited financial statements of SMA
− Date of implementation: in Quarter I or II of 2021
− 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 1209 shares. Shareholder A will receive: 1209 x 100:7 = 84.63 shares. After rounded down, the real number of shares shareholder A receives will be 84 shares. The fractional part (0.63) will be cancelled. HOSE
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