Tuesday, 12/05/2015 00:00

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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