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HDC: The record date for stock issuance to pay dividends On November 17, 2016, the Hochiminh Stock Exchange issued Announcement No.1165/TB-SGDHCM about the record date for stock issuance to pay dividends of Ba Ria – Vung Tau House Development Joint Stock Company (stock code: HDC) as follows:
- Ex-right date: December 01, 2016
- Record date: December 02, 2016
- Reason and Purpose: Stock issuance to pay stock dividends for 2015
- Contents:
- Estimated issue volume: 3,965,727 shares
- Exercise ratio: 10% (100:10) (The one who owns 100 shares will receive 10 new shares).
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be bought back as treasury shares at 10,000 dongs/share.
- For example, if shareholder A owns 302 shares at the record date, he will receive 30 new shares. The fractional part (0.2*10,000=2,000 dongs)
- 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 Ba Ria – Vung Tau House Development Joint Stock Company. HOSE
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