HSG: Resolution on the dividend payment

Hoa Sen Group announces the resolution of the Board of Directors on March 03, 2016:

The Board of Directors approved to pay for the second phase of 2014-2015 dividend in stock:

1)    Stock name: Stock of Hoa Sen Group

2)    Stock type: common share

3)    Par value: VND10,000/ share

4)    Purpose: to pay stock dividends for  the second phase of 2014 -2015

5)    Dividend pay-out ratio: 50%

6)    Exercise ratio: 10:5 ((Holders of the Company’s common stock as on the record date will be entitled to receive one right per share. 10 rights will entitle its holder to receive 05 shares).

7)    Plan to deal with fractional shares:

The distributed shares will be rounded down. The fractional shares will be canceled.

8)    Number of shares expected to be issued: 65,513,533 shares

9)    Total value issue: 655,135,330,000 dongs

10) Dividend payment: expected on July 15, 2016

HOSE

>   BBC: The record date for the first cash dividend payment for 2015 (09/03/2016)

>   VNL: Resolution on AGM 2016 & 2nd Dividend Payment for 2015 (05/07/2017)

>   BCG: Resolution on public offering & dividend payment (14/03/2016)

>   DSN: The record date for cash & stock dividend payment (11/03/2016)

>   GAS: The record date for AGM 2016 & 2nd cash dividend 2015 (11/03/2016)

>   ELC: The record date for AGM 2016 & cash dividend 2015 (10/03/2016)

>   HSG: Resolution on the dividend payment (11/03/2016)

>   GDT: Resolution on dividend payment (11/03/2016)

>   HSG: The record date for cash dividend payment (15/03/2016)

>   VHC: Resolution on dividend payment (16/03/2016)