VSC: The record date for 2013 second cash dividend payment & 2013 stock dividend payment
HOSE announces the record date for the 2013 second cash dividend payment and 2013 stock dividend payment of Vietnam Container Shipping Joint Stock Company:
Stock symbol: VSC
Ex-right date: June 20, 2014
Record date: June 24, 2014
Purpose: to pay 2013 second dividends and 2013 stock
dividend to the existing shareholders.
1) To pay 2013 second cash dividends:
-
Dividend pay-out ratio: 5%/
par value (VND500/ share)
-
Payment
date: July 10, 2014
-
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 Head office of Vietnam Container Shipping Joint Stock Company.
2)
To pay 2013 stock dividend:
-
Exercise ratio: 20%
-
The one who owns 100 shares at the record date will
receive 20 new shares.
-
Estimated
issue volume: 5,729,210 shares.
-
Plan
to deal with fractional shares:
·
The
distributed shares will be rounded down. The fractional shares will be canceled.
(For
example, if shareholder A owns 252 shares at the record date, he will receive:
252x20% = 50.4 shares. However, because of rounding down, he will receive only 50
new shares and 0.4 will be canceled).
-
Place 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 Vietnam
Container Shipping Joint Stock Company, 11 Vo Thi Sau St., May To Ward, Ngo
Quyen Dist., Hai Phong City and please submit ID card.
