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DCL: Dividend Payment
PHARIMEXCO announces the record date for the dividend payment and getting shareholders’ ballots:
* Name of the listed firm: Cuu Long Pharmaceutical Joint Stock Corporation
* Short name: PHARIMEXCO
* Stock symbol: DCL
* Stock type: Common stock
* Par value: VND 10,000
* Ex-right date: October 24, 2008
* Record date: October 28, 2008
* Purpose:
1. Dividend advance in cash (Stage 1-2008):
- Dividend pay-out ratio: 10%/ par value (VND1,000/ share)
- Payment date: November 20, 2008
2. Dividend payment in stock and bonus stock for the year 2007:
- Issuing volume: 1,619,308 shares
- Exercise ratio: 20% (including 10% for dividend and 10% for bonus stock)
- At the record date, the one who owns 100 existing shares will receive 20 new shares. The volume will be rounded down. The fraction part will be paid in cash at VND10,000/share.
- For example, at the record date, shareholder Nguyen Van A currently owns 116 shares, the calculation as follows:
+ The number of shares distributed in theory: 116 shares x 20% = 23.2 shares
+ The number of shares in practical: 23 shares
+ The number of shares bought back by the company: 0,2 share x 10,000vnd = 2,000vnd
- The rights to receive dividend and bonus shares are not transferable. The new shares are transferable.
- Trading date: expected on December 2, 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 PHARIMEXCO, 150 Street 14/9, Ward 5, Vinh Long Town, Vinh Long Province.
Please submit ID and Shareholder certificates or the legal authorized letters on receipt of dividend.
3. To get shareholders’ ballots on listing the newly-issued shares:
Time: November 10, 2008 to November 25, 2008.
Vietnam Securities Depository _ HCMC Branch will temporarily suspend the depository activities for DCL on October 27, 28 & 29, 2008.
HoSE
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