Sieu Thanh Joint Stock Corporation announced the Board resolution dated May 14, 2014 as follows:
Article 1: Approving the first payment
dividend of 2014 as follows:
1)
To pay cash dividend by cash with ratio 10%
- Payment
method: by cash or transfer
- Payment
date: estimated in June or Quarter 3.2014
2)
To pay stock dividend with exercise ratio:
10% charter capital (10:1), the one who
owns 10 shares at the record date will receive 01 new shares
- Financial
resource for payment dividend: undistributed profit after tax according the
2013 audited financial statements
- Plan
to deal with fractional shares: The distributed shares will be rounded down to
unit. The fractional shares (if any) will be cancelled.
For example, if shareholder A owns 498
shares at the record date, he will receive: 498x1/100 = 49.8 shares. However,
because of rounding down, he will receive only 49 new shares.
- Details:
·
Total number of shares: 12,552,523 shares
·
Number of outstanding shares: 12,491,523 shares
·
Number of treasury shares: 61,000 shares
·
Estimated issue volume: 1,249,152 shares
·
Par value: VND10,000/share
·
Total value: VND12,491,520,000
·
Number of issued shares to pay dividend will
be listed on Hochiminh Stock Exchange ti increase its charter capital.
Article 2: Authorizing to the BOD Chairman to
implement this resolution.
