Thursday, 04/10/2012 15:02

CSG: SCC to make payments to shareholders upon dissolution

Sai Gon Cable Corporation (SCC) announces the record date to make payments to shareholders upon dissolution of the Corporation:

-         Listed firm: Sai Gon Cable Corporation (SCC)

-         Stock code: CSG

-         Record date: October 12, 2012 (Last trading date on HOSE: October 03, 2012)

-         Purpose: to determine the holders who are entitled to receive money paid by SCC when SCC dissolves.

-         Payment schedule:

+       Stage 1: Payment ratio: advancing 9,300 dongs/share (01 share will receive 9,300 dongs)

+       Time of payment: October 24, 2012.

+       Stage 2: Payment ratio: based on the dissolution process

+       Payment time: in November 2012.

+       Stage 3 (final stage): Payment ratio: residual value.

+       Time of payment: after the Corporation completes the liquidation of assets.

HOSE

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