VIC: VINGROUP JSC to issue new shares to pay dividend

VINGROUP Joint Stock Company (VINGROUP JSC) announced that it expected issue 452,734,000 shares to pay the dividends as follows:

-         Stock type: common share

-         Par value:                     10,000 dongs / share

-         Total shares:                 929,638,512 shares

-         Outstanding shares:      929,638,512 shares

-         Treasury shares:            0 share

-         Number of shares to be issued: 452,734,000 shares

-         Total par value to be issued: VND4,527,340,000,000

-         Exercise ratio: 1,000:487

-         Finance resource: from undistributed earnings until December 31, 2013

-         Record date: August 28, 2014

-         Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be canceled.

For example, shareholder A owns 789 VIC shares, he will receive 384 shares 789*487/1,000 = 384.243 shares and 0.243 share will be canceled.

Positive difference price between 2013 retained earnings with total value of shares actually distributed to existing shareholders for 2013 dividend payment will be retained as undistributed profit of VINGROUP.

HOSE

>   PAN: The record date for 2014 cash dividend payment and shares issuance (15/08/2014)

>   SKG: Notice of the 2013 dividend payment (15/08/2014)

>   HCMA0805: Notice of the record date for bond interest payment (15/08/2014)

>   PVD: The record date for the 2013 dividend payment in cash & in stock (15/08/2014)

>   HCM_0707: Notice of the record date for bond interest payment (15/08/2014)

>   HCM_0807: Notice of the record date for bond interest payment (15/08/2014)

>   HCMA0505: Notice of the record date for bond interest payment (15/08/2014)

>   VMD: The record date for dividend payment of 2013 (14/08/2014)

>   PVD: PVD declares 10% stock dividend (13/08/2014)

>   DAG: The record date for the dividend payment of 2013 (13/08/2014)