RDP: Board approves to pay stock dividends for 2015

RangDong Plastic Joint-Stock Company announced the Board resolution dated December 23, 2016 as follows:

1. Approving to change the payment ratio of 2015 dividend based on the outstanding shares:

-  Old payment ratio: 30% (based on the charter capital of 181,338,410,000 dongs, or 18,133,841 outstanding shares)

-  New payment ratio: 23.8% (based on the current charter capital of 228,486,410,000 dongs, or 22,848,641 outstanding shares)

2. Approving the plan to issue 5,440,152 shares to pay dividends for 2015.

-        Number of outstanding shares: 22,848,641 shares

-        Number of treasury shares: 0 shares

-        Payment ratio: 23.8%

-        Number of shares expected to issue: 5,440,152 shares

-        Value of shares expected to issue: VND54,401,520,000

-        Exercise ratio: 10 : 2.38 (Those who own 10 shares will receive 2.38 new shares)

-      Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled. 

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