Monday, 08/05/2017 14:50

NKG: The record date for 2015 & 2016 stock dividend payment

On May 05, 2017, the Hochiminh Stock Exchange issued Announcement No.550/TB-SGDHCM about the record date for 2015 & 2016 stock dividend payment of Nam Kim Steel Joint Stock Company (stock code: NKG) as follows:

-        Ex-right date:   May 17, 2017

-        Record date:     May 18, 2017

1.      Reason and Purpose:  to pay stock dividends for 2015 & 2016.
2.      Details information:

-          Exercise ratio: 50% (The one who owns 100 shares will receive 50 new shares). Of Which:

+        Exercise ratio for 2015: 15% (The one who owns 100 shares will receive 15 new shares)

+        Exercise ratio for 2016: 35% (The one who owns 100 shares will receive 35 new shares)

-          Estimated issue volume:  33,017,180 shares. Of which:

+        Estimated issue volume for 2015: 9,905,154 shares

+        Estimated issue volume for 2016: 23,112,026 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 255 shares at the record date, he will receive 127 new shares. The fractional part 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 Nam Kim Steel Joint Stock Company.

HOSE

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