ITD: Dividend payment in stock notice
Innovative Technology Development Corporation (HOSE: ITD) announces the record date to pay dividend in stock for 2010:
- Stock symbol: ITD
- Stock type: Common stock
- Par value: VND10,000
- Ex-right date: January 04, 2012
(In case of put-through trading with volume from 100,000 shares and over on January 04 & 05, 2012, sellers will not receive rights)
- Record date: January 06, 2012
- Exercise ratio: 10%/par value
- The one who owns 10 shares at the record date will receive 01 new share as dividend. The volume will be rounded to units. The odd shares will be cancelled
- For example: At the record date, shareholder Nguyen Van A owns 3,572 shares, the calculation will be: 3,572/10 shares x 1 = 357.2 shares. After rounding down, the number of dividend he receives will be 357 shares
- Estimated issue volume: 1,160,883 shares
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 Innovative Technology Development Corporation.
HOSE
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