Wednesday, 26/10/2016 13:14

ADS: The record date for stock dividend payment 2015

On Octorber 25, 2016, the Hochiminh Stock Exchange issued Announcement No.1089/TB-SGDHCM about the record date for stock dividend payment 2015 of Damsan Joint Stock Company (stock code: ADS) as follows:

-        Ex-right date:   November 07, 2016

-        Record date:    November 08, 2016

-        Reason and Purpose:  To pay stock dividends for 2015

To pay stock dividends for 2015:

-          Estimated issue volume:  803,500 shares

-          Exercise ratio: 20:1 (The one who owns 20 shares will receive 01 new shares).

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

-          For example, if shareholder A owns 1,250 shares at the record date, he will receive 62.5 new shares. The fractional part ( 0.5 share) 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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