HID: The record date for stock dividend payment

On September 12, 2016, the Hochiminh Stock Exchange issued Announcement No.977/TB-SGDHCM about the record date for stock dividend payment of Ha Long Investment & Consulting Joint Stock Company (stock code: HID) as follows:

-        Ex-right date:   September 19, 2016

-        Record date:    September 20, 2016

1)    Reason and Purpose:  To pay stock dividends for FY 2014-2015.

2)    Contents:

-          Estimated issue volume:  1,607,005 shares

-          Exercise ratio: 5,357%

-          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 120 shares at the record date, he will receive 06 new shares. The fractional part ( 0.43 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 Ha Long Investment & Consulting Joint Stock Company.

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