Tuesday, 04/10/2016 14:32

ADS: BoD approves stock dividend payment for 2015

On September 28, 2016, Damsan Joint Stock Company has disclosed BoD approves stock dividend payment for 2015 as follows:

To pay stock dividends for 2015:

-          Estimated issue volume:  803,500 shares

-          Exercise ratio: 20:1 (Those who own 20 shares will receive 20 rights, and with every 20 rights will be entitled to buy 01 new share.)

-          Estimated record date: November 04, 2016

-          Estimated time of implementation: Q3 or Q4/2016

-          Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.

-          Place of payment:

+ Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.

+ Shareholders whose shares have not been deposited: at Damsan Joint Stock Company.

HOSE

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