CSM: Casumina to issue new shares to pay dividend 2012

The Southern Rubber Industry Joint Stock Company (CASUMINA) announced that it expected issue 8,777,481 shares to pay the 2012 dividends to its existing shareholders as follows:

-         Number of shares to be issued: 8,777,481 shares

-         Value: VND87,774,810,000

-         Exercise ratio: 15%

-         (Each shareholder owning 10 shares will receive 10 rights. And, he or share owning every 10 rights will receive 1.5 new shares. The number distributed to each shareholder will be rounded down, and fractional part will be paid in cash.)

-         Financial resource: CASUMINA’s undistributed after-tax profit.    

-         Time of implementation: in Quarter 3/2013.

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