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SHI: BODs Resolution on cash dividend & stock issuance Based on Resolution No.24/2017/NQ-HĐQT dated June 19, 2017, BODs of Son Ha International Corporation approved to pay cash dividend for 2016 and stock issuance to pay dividend as follows:
1. To pay cash dividend for 2016:
- Exercise ratio: 5%/par value:
+ Dividend 3% for record date on March 21, 2017
- Payment date: May 10, 2017
+ Dividend 2% for record date on Q3.2017
- Payment date: expected in Q3.2017
2. Stock issuance to pay dividend for existing shareholders:
- Stock name: Son Ha International Corporation
- Stock type: common share
- Number of outstanding shares: 61,189,503 shares
- Number of shares expected to be issued: 3,059,475 shares
- Par value: 10,000 dongs/share
- Total value (based on par value): 30,594,750,000 dongs
- Issuing ratio: 5% (shareholder who owns 100 shares will receive 05 new 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 450 shares at the record date, he will receive 22 new shares. The fractional shares (0.5 share) will be cancelled.
- Record date: expected in Q3.2017
- Time of implementation: expected in Q3.2017 HOSE
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