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CTD: The record date for stock issuance to raise capital On October 06, 2016, the Hochiminh Stock Exchange issued Announcement No.1038/TB-SGDHCM about the record date for stock dividend payment of Coteccons Construction Joint Stock Company (stock code: CTD) as follows:
- Ex-right date: October 17, 2016
- Record date: October 18, 2016
1) Reason and Purpose: Stock issuance to raise capital from the owner’s equity.
2) Contents:
- Estimated issue volume: 16,376,805 shares
- Exercise ratio: 3:1 (The one who owns 03 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 686 shares at the record date, he will receive 228 new shares. The fractional part ( 0.67 share) will be bought back as treasury shares at par value of VND10,000/share.
- 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 Coteccons Construction Joint Stock Company. HOSE
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