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SC5: Dividend Payment
Construction Joint Stock Company No 5 (SC5) will pay dividend for the year 2007 as follows:
Stock symbol: SC5
Stock type: common stock
Par value: VND10,000/share
Ex-right date: July 16th, 2008
Record date: July 18th, 2008
Purpose:
1. Dividend payment in cash:
Exercise ratio: 10%/par value (VND1,000/share)
Payment date: August 08th, 2008
2. Dividend payment in stock:
Exercise ratio: 20%/par value
The one who owns 5 shares at the record date will receive 1 share as dividend. The volume distributed to shareholders will be rounded down. The fraction parts will be bought back at VND10,000 per share by the company.
For example, at the record date, shareholder Nguyen Van A currently owns 1,138 shares, the calculation as follows:
+ The number of shares distributed in theory: 1,138 shares x 20% = 227.60 shares
+ The number of shares in practical: 227 shares
+ The number of shares bought back by the company: 0.6 shares x 10,000vnd = 6,000vnd
- Issue volume: 1,720,000 shares
- Trading date: estimated on September 08th, 2008.
Shareholders will be paid money for the shares bought back on August 28th, 2008.
Place & procedure 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 SC5, 137 Le Quang Dinh St., Ward 14, Binh Thanh Dist., HCMC.
3. To ballot shareholders on listing new shares:
- Time for the ballot: from July 25th, 2008 to August 15th, 2008.
Vietnam Securities Depository _ HCMC Branch will temporarily suspend the depository activities for SC5 on July 17th, 18th & 21st, 2008.
HoSE
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