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TRA: Record date for cash dividend payment & stock issuance On May 05, 2017, the Hochiminh Stock Exchange issued Announcement No.555/TB-SGDHCM about the record date for cash dividend payment & stock issuance of Traphaco Joint Stock Company as follows:
- Exright date: May 15, 2017
- Record date: May 16, 2017
1. Reason & Purpose:
- To pay remaining cash dividends for 2016.
- Stock issuance to raise capital from the owner’s equity.
2. Content:
a. To pay cash dividends for 2016:
- Exercise ratio: 10%/par value (1,000 dongs/share)
- Payment date: June 15, 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 Traphaco Joint Stock Company.
b. Stock issuance to raise capital from the owner’s equity:
- Exercise ratio: 10:2 (shareholder who owns 10 shares will receive 02 new shares)
- Estimated issue volume: 6,908,476 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 1,821 shares at the record date, he will receive 364 new shares. The fractional shares (0.2 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 Traphaco Joint Stock Company.
HOSE
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