Monday, 22/07/2013 15:58

VPH: The record date for paying dividend in stock

On July 19, 2013, HOSE announced the record date for paying dividend in stock of Van Phat Hung Corporation:

-         Stock symbol: VPH                        

-         Ex-right date: July 30, 2013   

-         Record date: August 01, 2013

-         Purpose: paying dividend in stock

-         Exercise ratio: 100:9 (a shareholder owns 100 shares will receive 9 new shares)

-         Issue volume: 2,494,333 shares

-         Plan for fractional and undistributed shares:

+         The number of shares issued will be rounded down. The fractional parts (if any) will be cancelled.

For example, if shareholder A owns 120 shares at the record date, he will receive number of shares to pay dividend: (120*9)/100 = 10.8 shares. However, because of rounding down, he will receive only 10 new shares and 0.8 share will be cancelled.

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 Van Phat Hung Corporation and please submit ID cards.

HOSE

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>   NBC: Notice of record date for dividend payment of 2012 (18/07/2013)

>   ITA: The record date for paying 2012 dividend in stock and issuing new shares (17/07/2013)

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>   TCR: Result of share issue for dividend payment (17/07/2013)

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>   OCH: Board Resolution on dividend payment and seasoned issue (17/07/2013)

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