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BKG: Stock issuance for dividend payment On October 06, 2022, BKG VietNam Investment Joint Stock Company announces the stock issuance to pay dividend as follows:
- Stock name: BKG VietNam Investment Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 62,000,000 shares
- Number of outstanding shares: 62,000,000 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued:
+ To pay stock dividend for 2020: 3,100,000 shares
+ To pay stock dividend for 2021: 3,100,000 shares
- Total value (based on par value):
+ To pay stock dividend for 2020: VND31,000,000,000
+ To pay stock dividend for 2021: VND31,000,000,000.
- Exercise ratio:
+ To pay stock dividend for 2020: 100:05 (Shareholder who owns 100 shares will receive 05 new shares).
+ To pay stock dividend for 2021: 100:05 (Shareholder who owns 100 shares will receive 05 new shares).
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.
- For example: at the record date, shareholder A owns 3,956 shares. With 5% exercise ratio, the shareholder A will receive: 3,956 *5/100 = 197.8 shares. According to rounding policy, the shareholder A will receive 197 new shares and the fractional shares of 0.8 share will be cancelled.
Record date: October 25, 2022. HOSE
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