Sai Gon Vien Dong Technology Joint Stock Company disclosed its plan to issue 8,700,000 shares for the 2011 dividend payment.
-
Stock
type: common share
-
Par
value: 10,000 dongs / share
-
Total
shares: 8,700,000 shares
-
Outstanding shares: 8,700,000 shares
-
Treasury shares: 0
-
Issue
volume expected: 870,000 shares
-
Total value: 8,700,000,000 dongs
-
Issue ratio: 10% (the one who owns 10 shares at the record
date will receive 01 new share)
-
Finance
resource: retained earnings in 2010: 9,541,518,217 dongs and the
company’s profit after tax: 3,725,252,849 dongs.
-
Record date: October 22, 2012
-
Plan
to deal with fractional shares: The distributed shares will be rounded down.
The fractional shares will be canceled.
For
example, if shareholder A owns 264 shares at the record date, he will receive:
264 x 10% = 26.4 shares. However, because of rounding down, he will receive
only 26 new shares and 0.4 share will be cancelled.
