ST8: ST8 to pay stock dividend Sieu Thanh Joint Stock Corporation expects to issue new shares to pay dividend as follows:
1) Issuer: Sieu Thanh Joint Stock Corporation
2) Purpose of the issuance: to pay dividend.
3) Plan for the issuance:
- Stock name: Stock of Sieu Thanh Joint Stock Corporation
- Stock type: common share
- Par value: 10,000 dongs / share
- Total volume: 13,801,385 shares
- Outstanding volume: 13,740,385 shares
- Treasury volume: 61,000 shares
- Expected issue volume: 2,748,077 shares
- Total issue value: VND27,480,770,000.
- Issue ratio (Expected issue volume/Total volume): 20%
- Financial resource: the undistributed after-tax profit.
- Record date: May 28, 2015
- 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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