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
|