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TTF: The record date for bonus stock issuance
HOSE announces the record date for bonus stock issuance of Truong Thanh Furniture Corporation:
* Stock symbol: TTF
* Stock type: Common Stock
* Par value: VND10,000
* Ex-right date: May 10, 2010
(In case of put-through trading with volume from 100,000 shares and over on May 10 & 11, 2010, sellers will not receive rights.)
* Record date: May 12, 2010
* Purpose: To issue bonus shares to the existing shareholders
* Exercise ratio: 2:1 (Each shareholder who owns 02 shares will receive 01 new share)
* The number of bonus shares distributed to shareholders will be rounded down. The fractional parts will bought back for treasury stock at VND10,000/share.
* For example: At the record date, shareholder Nguyen Van A currently owns 1255 shares, the calculation is: 1255*1/2 = 627.5 shares. Therefore, shareholder A will receive 627 shares and VND5,000 (=0,5*VND10,000).
* Expected issue volume: 10,249,839 shares
* Expected trading date: May 26, 2010
Viet Nam Securities Depository – Hochiminh Branch will temporarily suspend the depository activities for TTF on May 11, 12 & 13, 2010.
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