Thursday, 21/05/2015 00:00

DRC: DRC to pay 10% stock dividend

Danang Rubber Joint Stock Company expects to issue new shares to pay dividends for 2014 as follows:

1)    Stock name: Stock of Danang Rubber Joint Stock Company

2)    Stock type: common share

3)    Par value: 10,000 dongs / share

4)    Total volume: 83,073,849 shares

5)    Outstanding volume: 83,073,849 shares

6)    Treasury volume: 0 shares

7)    Expected issue volume: 8,307,384 shares

8)    Total issue value: VND83,073,840,000.

9)    Issue ratio (Expected issue volume/Total volume): 1:10 (10%)

10) Financial resource: the retained after-tax profit.

11) Record date: June 05, 2015

12) Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.

HOSE

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