Friday, 23/08/2013 17:16

SBA: The record date for the stock dividend payment of 2012

HOSE announces the record date for the stock dividend payment of 2012 of Song Ba Joint Stock Company:

-         Stock symbol:  SBA                            

-         Ex-right date:    September 03, 2013 

-         Record date:    September 05, 2013 

-         Purpose:           to pay stock dividends of the year 2012 to the existing shareholders.

-         Exercise ratio:  5% (The one who owns 20 shares at the record date will receive 01 new share.)

-         Estimated issue volume: 2,490,002 shares.

-         Plan to deal with fractional shares:

+         The distributed shares will be rounded down. The fractional shares will be paid in cash at par value.

For example, if shareholder A owns 119 shares at the record date, he will receive: 119 x 5% = 5.95 shares. However, because of rounding down, he will receive only 05 new shares and VND9,500, but he will pay an amount of personal income tax (5% or VND475) to the state budget, so the fractional share will be worth VND9,025. Therefore, after deducting tax, shareholder A will really receive 05 shares and VND9,025.

Place of payment:

-         Shareholders whose shares have been deposited: shareholders will receive dividend in stock at the securities firms where the shares have been deposited.

-         Shareholders whose shares have not been deposited: shareholders will receive dividend in stock at Song Ba Joint Stock Company - 230 Nguyen Tri Phuong St., Thanh Khe Dist., Da Nang City and please submit ID cards.

HOSE

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