Tuesday, 12/11/2013 13:47

ST8: The record date for the second dividend payment of 2013 in cash and in stock

HOSE announces the record date for the first dividend payment of 2013 of Sieu Thanh Joint Stock Corporation:

-         Stock symbol:  ST8

-         Ex-right date:    November 18, 2013    

-         Record date:    November 20, 2013

-         Purpose:           to pay the second dividend of 2013 in stock and in cash

1.   The second stock dividend payment of 2013:

-         Exercise ratio: 5% (20:1) (The one who owns 20 shares at the record date will receive 01 new share)

-         Estimated issue volume: 594,845 shares.

-         Plan to deal with fractional shares:

+         The distributed shares will be rounded down. The fractional shares will be cancelled.

For example, if shareholder A owns 498 ST8 shares at the record date, he will receive: 498x5/100 = 24.9 shares. However, because of rounding down, he will receive only 24 new shares and 0.9 share will be cancelled.

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: shareholders will receive dividend at Sieu Thanh Joint Stock Corporation, A20 Tan Phong, Nguyen Huu Tho, Tan phong Ward, District 7, HCMC, and please submit ID cards.

2.   The second cash dividend payment of 2013:

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

-         Payment date: December 06, 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 Sieu Thanh Joint Stock Corporation, A20 Tan Phong, Nguyen Huu Tho, Tan phong Ward, District 7, HCMC, and please submit ID cards.

HOSE

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