|
TCO: The record date for third payment of 2013 stock dividend & payment of bonus shares On April 20, 2015, HOSE announced the record date for the third payment of 2013 stock dividend of Duyen Hai Multi Modal Transport Joint Stock Company:
Stock symbol: TCO
Ex-right date: May 04, 2015
Record date: May 06, 2015
Purpose third payment of 2013 stock dividend
Payment of bonus shares due to share capital raising from owner’s equity
- Third payment of 2013 stock dividend:
- Estimated issue volume: 689,000 shares
- Exercise ratio: 5% (a shareholder owning 100 shares will get 05 new shares)
- Payment of bonus shares due to share capital raising from owner’s equity
- Estimated issue volume: 689,000 shares
- Exercise ratio: 5% (a shareholder owning 100 shares will get 05 new shares)
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be bought back as treasury shares at VND10,000/share. Capital Resource from surplus capital
- For example, if shareholder A owns 123 shares at the record date, he will receive: (123 x 5%) = 6.15 shares. However, because of rounding down, he will receive only 12 new shares. The fractional part will be bought back as treasury shares VND3,000=0.3*10,000
- Place & procedure of payment:
ü Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.
ü Shareholders whose shares have not been deposited: at Head Office of Duyen Hai Multi Modal Transport Joint Stock Company.
Please submit ID card and Shareholder certificates or the legal authorized letters on receipt of dividend. HOSE
|
