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ST8: Record date for cash dividend payment & stock issuance On May 09, 2017, the Hochiminh Stock Exchange issued Announcement No.570/TB-SGDHCM about the record date for cash dividend payment & stock issuance of Sieu Thanh Joint Stock Corporation as follows:
- Exright date: May 17, 2017
- Record date: May 18, 2017
1. Reason & Purpose:
- To pay first cash dividends for 2017.
- Stock issuance to pay dividend.
2. Content:
a. To pay first cash dividend for 2017:
- Exercise ratio: 10%/par value (1,000 dongs/share)
- Payment date: June 08, 2017
- 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 Sieu Thanh Joint Stock Corporation.
b. Stock issuance to pay dividend:
- Exercise ratio: 10:3 (shareholder who owns 10 shares will receive 03 new shares)
- Estimated issue volume: 5,935,664 shares
- Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.
- For example, if shareholder B owns 498 shares at the record date, he will receive 149 new shares. The fractional shares (0.4 share) 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 Sieu Thanh Joint Stock Corporation. HOSE
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