Wednesday, 13/10/2010 16:22

PPG: Notice of record date for dividend payment, bonus share issue and seasoned issue

Phu Phong Corporation (HNX: PPG) announces the notice of record date for dividend payment, bonus share issue and seasoned issue as follows:

- Issuer: Phu Phong Corporation

- Stock code: PPG  

- Par value: VND 10,000

- Stock type: Common stock

- Record date: 20/10/2010

- Ex-date: 18/10/2010

- Reasons: Dividend payment, bonus share issue and seasoned issue

1. Information on dividend payment: Second Dividend payment of 2009 (Exercise rate: 2%) and First dividend payment of 2010 (Exercise rate: 4%) by cash:

- Exercise rate: 6%/ par value (VND 600/ share)

- Exercise date: 03/11/2010

2. Information on bonus share issue to outstanding shareholders:

- Rights allotment rate: 1 share – 1 right

- Exercise rate: 20: 3 (Shareholders receive 03 bonus share for every 20 rights they own. The number of shares shareholder receive is rounded down to unit digit and will be repurchased as treasury stock at VND 10,000/ share)

- The rights can not be transferred.

3. Information on share purchase rights of outstanding shareholders:

+ Stock type: No transfer restriction

+ Share price: VND 10,000 per share

+ Rights allotment rate: 1 share – 1 right

+ Exercise rate: 2: 1 (Shareholders are entitled to buy 01 new share for every 02 rights they own. The number of shares shareholder can buy is rounded down to unit digit). The odd shares and shares unsold will be determined by the Board of Directors in terms of price and subject of the offering.

+ Time for transfer of share purchase rights: From 03/11/2010 to 23/11/2010.

+ Time of registration for purchase and settlement: from 03/11/2010 to 30/11/2010

+ The owner of share purchase rights can transfer his rights once to another person through negotiation, The rights transferred can not be transferred to the third party.

+ Place:

- For deposited shares: Securities companies where shares of shareholders have been deposited.

- For undeposited shares: Phu Phong Corporation on working days (From Monday to Saturday).

+ Blocked account:

- Account name: Phu Phong Corporation

- Account number: 790 28489

- Bank: ACB, Cho Lon Branch

hnx

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