THG: The record date for the first dividend advance of 2013 and issuing shares for raising equity capital
HOSE announces the record date for the first dividend advance of 2013 and issuing Shares for Raising Equity Capital from Owners' Equity of Tien Giang Investment and Construction Joint Stock Company:
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Stock symbol: THG
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Ex-right date: November 08, 2013
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Record date: November
12, 2013
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Purpose: to
implement the first cash dividend advance of 2013 and issuing shares for raising equity capital from Owners'
Equity
1.
The first cash dividend advance of 2013:
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Dividend pay-out ratio: 3% (VND300/share)
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Payment date:
November 27, 2013
Place & procedure of payment:
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Shareholders whose shares have been deposited: at
the securities firms where the shares have been deposited.
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Shareholders whose shares have not been deposited: shareholders will receive dividend
at Tien Giang Investment and Construction Joint Stock Company from November
27, 2013 and submit ID card.
2. Issuing Shares for Raising Equity Capital from
Owners' Equity:
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Volume
registered to issue: 2,000,000 shares
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Exercise ratio: 4:1
(Holders of the
Company’s common stock as on the record date will be entitled to receive one
right per share. 04 rights will entitle its holder to purchase 1 new share).
3.
Plan
for fractional and undistributed shares:
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The
distributed shares will be rounded down. The undistributed shares (if any) and
fractional parts will be paid at VND10,000/share by the company. And, these shares will be
used to reward employees with good performance.
For example, if
shareholder A owns 123 shares at the record date, he will receive:
123:4x1=30.75 shares. However, because of rounding down, he will receive only
30 new shares and VND7,500=(0.75x10,000)
Place of implementation:
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Shareholders
whose shares have been deposited: shareholders make procedures to transfer
rights and deposit money to buy shares at the securities firms where the shares
have been deposited.
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Shareholders
whose shares have not been deposited: shareholders make procedures to transfer
rights and deposit money to buy shares at Tien Giang Investment and
Construction Joint Stock Company.
