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VHC: The record date for the 2010 dividend payment in stock
Vinh Hoan Corporation announces the record date to pay dividend in stock for 2010:
* Stock symbol: VHC
* Stock type: Common stock
* Par value: VND10,000
* Ex-right date: September 01, 2010
* (In case of put-through trading with volume from 100,000 shares and over on September 01, 2010 and September 03, 2010, sellers will not receive rights)
* Record date: September 06, 2010
- Exercise ratio: 30%/par value
- The one who owns 10 shares at the record date will receive 03 new shares as dividend. The volume will be rounded to units. The fractional parts (If any) will be bought by the company at the price of VND10,000/share.
- For example: At the record date, shareholder Nguyen Van A owns 1,155 shares, the calculation will be: (1,155 shares x 3)/10 = 346,5 shares. After rounding down, the number of dividend he receives will be 346 shares and 5,000vnd in cash (=0.5 shares x 10,000vnd)
- Estimated issue volume: 10,881,063 shares
- Estimated trading day: November 01, 2010
Place & procedure of payment:
- Shareholders whose shares have been deposited: New shares will be transferred to shareholders’ accounts in securities firms.
- Shareholders whose shares have not been deposited: Shareholders will receive dividend at Vinh Hoan Corporation – Branch HCMC – Floor 8-9, 569 Tran Hung Dao, Cau Kho Ward, District 1, HCMC.
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