Thursday, 29/09/2016 14:11

SRC: The record date for stock dividend payment

On September 27, 2016, the Hochiminh Stock Exchange issued Announcement No.1015/TB-SGDHCM about the record date for stock dividend payment of Sao Vang Rubber Joint Stock Company (stock code: SRC) as follows:

-        Ex-right date:   October 07, 2016

-        Record date:    October 10, 2016

1)    Reason and Purpose:  To pay bonus shares for capital increase from the owner’s equity.

2)    Contents:

-          Estimated issue volume:  8,018,350 shares

-          Exercise ratio: 40% (The one who owns 100 shares will receive 40 new shares).

-          Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be bought back as treasury shares at par value of VND10,000/share.

-          For example, if shareholder A owns 13 shares at the record date, he will receive 05 new shares. The fractional part ( 0.2 share) will be bought back as treasury shares at par value of VND10,000/share.

-          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 Sao Vang Rubber Joint Stock Company.

 

HOSE

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