Transforwarding Warehousing Joint Stock Corporation has informed of the resolution of the BOD in the meeting dated April 20, 2012 as follows
Article 1: The BOD approved date, venue for the 2011- 2012 Annual General Meeting
- Meeting Date: 14h:00, Friday, June 15, 2012
- Meeting venue: authorized CEO choose meeting venue
Article 2: The BOD approved the record date:
- Record date for the 2011- 2012 Annual General Meeting and payment for the 2011 dividend 6% in cash: May 15, 2012
- Record date for issuing for the 2011 5% bonus share: May 30, 2012
- Expected date payment for the 2011 dividend 6% in cash: June 29, 2012
- Expected date for issuing for the 2011 5% bonus share: June – July in 2012
Article 3: The BOD approved to issue bonus shares according to Decision of the 2010 - 2011 annual general meeting.
- Issue bonus shares plan according to Decision of the 2010 - 2011 annual general meeting:
+ Stock type: Common Stock
+ Par value: VND10,000
+ Issue purpose: Bonus shares for fiscal year April 01, 2011 to March 31, 2012
+ Issue volume: 913,793 shares
+ Total issue value (basing on par value): VND9,137,930,000
+ Expected issue date: June – July, 2012.
+ Exercise ratio: 5% of par value (20:1), the one who owns 01 share will receive 01 right, and every 20 rights can receive 01 new share.
+ The distributed shares will be rounded down. The fraction parts will be bought by the company at the price of VND10,000 per share from retained earnings of previous years.
For example, if shareholder A owns 203 shares at the record date, he will receive: 203x5% = 10.15 shares. However, because of rounding down, he will receive only 10 new shares and VND1,500 ( 0.15 share x VND10,000).
- All rights issued from paying bonus shares are not transferable.
- Issue source: from capital surplus of previous years.
- Procedures for payment of bonus shares
- Shareholders whose shares have been deposited: shareholders will transfer rights, register to buy shares and pay money at the securities firms where the shares have been deposited.
- Shareholders whose shares have not been deposited: shareholders will transfer rights, register to buy shares and pay money at Head office of Transforwarding Warehousing Joint Stock Corporation, 172 Hai Ba Trung Street, Da Kao Ward, District 1, HCM City.
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