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BMP: Record date for stock issuance & cash dividend On June 01, 2017, the Hochiminh Stock Exchange issued Announcement No.675/TB-SGDHCM about the record date for stock issuance & cash dividend of Binh Minh Plastics Joint Stock Company as follows:
- Exright date: June 13, 2017
- Record date: June 14, 2017
1. Reason & Purpose:
- To pay second cash dividend for 2016
- Stock issuance to raise capital from the owner’s equity.
2. Content:
a.Stock issuance to raise capital from the owner’s equity:
- Exercise ratio: 10:8 (shareholder who owns 10 shares will receive 08 new shares)
- Estimated issue volume: 36,382,784 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 312 shares at the record date, he will receive 249 new shares. The fractional shares (0.6 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 Binh Minh Plastics Joint Stock Company.
b. To pay second cash dividend for 2016:
- Exercise ratio: 20%/share (2,000 dongs/share)
- Payment date: June 30, 2017
- 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 Binh Minh Plastics Joint Stock Company. HOSE
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