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TLG: Record date for stock issuance & cash dividend On June 21, 2017, the Hochiminh Stock Exchange issued Announcement No.758/TB-SGDHCM about the record date for stock issuance & cash dividend of Thien Long Group Corporation as follows:
- Exright date: July 13, 2017
- Record date: July 14, 2017
1. Reason & Purpose:
- To pay second cash dividend for 2016
- Stock issuance to raise capital from the owner’s equity.
- To implement the collecting shareholders’ opinion in writing.
2. Content:
a. Stock issuance to raise capital from the owner’s equity:
- Exercise ratio: 10:03, equivalent to 30% (shareholder who owns 10 shares will receive 03 new shares)
- Estimated issue volume: 11,493,800 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 563 shares at the record date, he will receive 168 new shares. The fractional shares (0.9 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 Thien Long Group Corporation.
b. To pay second cash dividend for 2016:
- Exercise ratio: 15%/share (1,500 dongs/share)
- Payment date: August 02, 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 Thien Long Group Corporation.
c. To collect shareholders’ opinion in writing:
- Exercise ratio: 01 share – 01 voting right
- Meeting time: expected in Q3.2017
- Meeting venue: at Thien Long Group Corporation.
- Content: Approving to change the plan to issue shares under ESOP.
HOSE
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