Vinh Hoan Corporation announced the board resolution dated October 28, 2014 as follows:
Article
1: According to the resolution of annual general
meeting 2014, after discussing and voting, the Board of Directors approved a
plan for paying stock dividend for 2014 as follows:
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Number of shares expected to be issued:
30,801,351 shares
-
Total issue value: VND308,013,510,000
-
Issue ratio: 50% (Each shareholder owning 02
shares will receive 01 new share)
-
Financial resource: undistributed after-tax
profit on June 30, 2014.
-
Time of implementation: within 45 days after
the State Securities Commission receives enough documents for the issue and
before December 31, 2014.
-
Plan to deal with fractional shares: the
distributed shares will be rounded down, and the fractional shares will be
cancelled.
Article 2:
This resolution shall take effect from the date of signing.
