DHM: BoD approves stock issuance for dividend payment On September 06, 2016, Duong Hieu Trading and Mining Joint Stock Company has disclosed BoD approves stock issuance for dividend payment as follows:
- Number of outstanding shares: 23,498,370 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 1,644,885 shares
- Reason: to pay stock dividends for 2015 (7%)
- Total value of shares expected to be issued (on par value): VND16,448,850,000
- Exercise ratio: 100:7 (The one who owns 100 shares will receive 07 new shares)
- Estimated payment time: 2016
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled. HOSE
|