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BMI: The record date for issuance of bonus shares from the owner’s equity On September 14, 2016, the Hochiminh Stock Exchange issued Announcement No.982/TB-SGDHCM about the record date for issuance of bonus shares from the owner’s equity of Baominh Insurance Corporation (stock code: BMI) as follows:
- Ex-right date: September 22, 2016
- Record date: September 23, 2016
1) Reason and Purpose: issuance of bonus shares to raise capital from the owner’s equity.
2) Contents:
- Estimated issue volume: 8,304,988 shares
- Exercise ratio: 10:1 (The one who owns 10 shares will receive 01 new share)
- 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 105 shares at the record date, he will receive 10 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 Bao Minh Securities Company. HOSE
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