On August 18, HOSE issued Announcement No.808/TB-SGDHCM on the record date of HAGL Joint Stock Company as follows:
1) Ex-right date: August 27, 2014
2) Record date: August 29, 2014
3) Purpose: to pay dividend in stock.
4) Detailed information:
-
Exercise ratio: 10% or 10:1
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Estimated
issue volume: 71,815,469 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 201 shares at the record
date, he will receive: (201 x 10%) = 20.1 shares. However,
because of rounding down, he will receive only 20 new
shares. The fractional part will be cancelled.
-
Place of payment:
·
Shareholders
whose shares have been deposited: shareholders will receive dividend at the
securities firms where the shares have been deposited.
·
Shareholders
whose shares have not been deposited: shareholders will receive dividend in book-entry form at the head
office of HAGL Joint Stock Company.
