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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