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DDM: The record date for the shareholder list
HOSE announces the record date for the shareholder list as follows:
Name of the listed firm: DONG DO MARINE JOINT STOCK COMPANY (Dong Do Marine)
Stock symbol: DDM
Stock type: Common stock
Par value: VND10,000
Ex-right date: 22/10/2008
Record date: 24/10/2008
Purposes:
1. Dividend payment in stock for 2007:
* Pay-out ratio: 10:2 (a shareholder who owns 10 shares on the record date will receive 2 new shares. The number of shares is rounded in unit. The fractional parts will be bought back for treasury stock at VND10,000/share).
For example: On the record date, shareholder A who owns 319 shares will receive (319 x 2) /10 = 63,8 shares. After being rounded, he actually receives 63 shares and the amount of 0.8 x VND10,000 = VND8,000.
* The right of receiving dividend in stock is not transferable.
* Payment date: December 1st 2008
* Expected trading date: January 15th 2009
2. Issuing shares to existing shareholders:
* Apportion ratio: 1:1
* Exercise ratio: 10:3. On the record date, a shareholder who owns 10 rights can buy 3 new shares. The number of additionally-issued shares is rounded in unit. The fractional parts or shares which shareholders refuse to excerse right will be processed as follows:
- Hava a prior on offering shares to foundation shareholders at VND13,000/share.
- The remaning shares after offering to foundation shareholders will be offered to institutional shareholders not existing shareholders at the price no less than VND13,000/share.
For example: shareholder A who owns 319 shares on the record date has right to buy (319 x 3 ) /10 = 95.7shares. After being rounded, he actually buys 95 shares.
* Issuing price: VND13,000/share
* Expected trading date: January 15th 2009
* Transference regulations:
- Transference time: from November 7th 2008 to December 5th 2008.
- Transference principle: the right should be transferred only once at the price agreed by two parties and not done again to the third one.
- Time of registration and deposit: from November 7th 2008 to December 9th 2008
- Shares from additional issuance and dividend payment in stock are not limited to transfer.
* Bank for blocking depository money:
Account No.: 2010211-002
Indovina Bank – Dong Da Branch
Add: 91A Nguyen Chi Thanh, Hanoi.
* Procedures and place to exercise right:
- Shareholders whose shares have been deposited: at the securities firms where shares have been deposited.
- Shareholders whose shares have not been deposited: at Dong Do Marine.
Viet Nam Securities Depository – Hochiminh Branch will temporarily suspend the depository activities for DDM on October 23rd, 24th & 27th 2008.
HoSE
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