Wednesday, 10/10/2012 14:01

PPI: The record date for the 2010 & 2011 dividend payment

HOSE announces the record date for the 2010&2011 dividend payment of Pacific Property & Infrastructure Development Joint Stock Company:

-         Stock symbol:   PPI                              

-         Ex-right date:     October 19, 2012

-         Record date:     October 23, 2012

-         Purpose: to pay stock dividends of the year 2010 & 2011.

-         Exercise ratio:   15%

-         The one who owns 100 shares at the record date will receive 15 new shares.

-         Estimated issue volume: 1,832,510 shares.

-         Plan to deal with fractional shares:

+         The distributed shares will be rounded to units. The fractional shares will be canceled.

For example, if shareholder A owns 150 shares at the record date, he will receive: 150x15% = 22.5 shares. However, because of rounding down, he will receive only 22 new shares.

Place of payment:

-         Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.

-         Shareholders whose shares have not been deposited: shareholders will receive dividend at head office of the company. Address: 31/21 Kha Van Can, Hipe Binh Chanh Ward, Thu Duc District, HCMC.

Please submit ID card and Shareholder certificates or the legal authorized letters on receipt of dividend.

HOSE

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