Friday, 17/05/2013 15:31

VNS: The record date for dividend payment & new share issue

Vietnam Sun Corporation announces the record date to pay the second 2012 dividend in stock and issue new shares:

-         Stock symbol:  VNS

-         Stock type:        Common stock

-         Par value:         VND10,000

-         Ex-right date:   May 29, 2013

-         Record date:   May 31, 2013

-         Purpose:     +  The payment for the second 2012 dividend in cash.

+  Issue new shares to existing shareholders

-         Contents:

+         The payment for the second 2012 dividend in cash.

+         Dividend pay-out ratio: 10%/ par value (VND1,000/ share)

+         Payment date: June 21, 2013     

Place & procedure 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:  at Vietnam Sun Corporation – 648 Nguyen Trai, Ward 11, District 5, HCMC.

Issue new shares to existing shareholders:

-         Exercise ratio: 100:35 (A shareholder owning 100 shares will receive 35 new shares)

-         Estimated issue volume: 10,499,999 shares

-         Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional parts will be cancelled.

For example, if shareholder A owns 689 shares at the record date, he will receive 241.15 shares. However, because of rounding down, he will receive only 241 new shares and 0.15 share will be cancelled.

-         The right to receive dividend is not transferable

-         The new shares are transferable.

Place of implementation:

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

-         Shareholders whose shares have not been deposited: at Vietnam Sun Corporation – 648 Nguyen Trai, Ward 11, District 5, HCMC.

HOSE

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