IMP: Record date for cash & stock dividend payment On May 15, 2017, the Hochiminh Stock Exchange issued Announcement No.600/TB-SGDHCM about the record date for cash & stock dividend payment of Imexpharm Corporation as follows:
- Exright date: May 24, 2017
- Record date: May 25, 2017
1. Reason & Purpose:
- To pay cash dividends for 2016.
- Stock issuance to pay dividends for 2016.
2. Content:
a. To pay cash dividends for 2016:
- Exercise ratio: 8%/par value (800 dongs/share)
- Payment date: June 19, 2017
- 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 Imexpharm Corporation.
b. Stock issuance to pay dividends for 2016:
- Exercise ratio: 10:01 (shareholder who owns 10 shares will receive 01 new share)
- Estimated issue volume: 3,906,213 shares
- 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 555 shares at the record date, he will receive 55 new shares.
- 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 Imexpharm Corporation.
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