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VCB: The record date for consulting shareholders, dividend payment and stock issuance to increase its share capital from the owner’s capital On September 01, 2016, HOSE announces the record date for consulting shareholders, dividend payment and stock issuance to increase its share capital from the owner’s capital of Joint Stock Commercial Bank for Foreign Trade of Viet Nam:
1) Ex-right date: September 09, 2016
2) Record date: September 12, 2016
The payment for the 2015 cash dividend
Dividend pay-out ratio: 10 %/ par value (VND1,000/ share)
Payment date: September 30, 2016
Place & procedure 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: VCBS before September 30, 2016.
For closing the shareholders record list to consult shareholders in writing
Implement date: from October 03, 2016 to October 14, 2016
Contents:
Setting up subsidiary bank: 100% contribution of VCB in Laos.
Stock issuance to increase its share capital from the owner’s capital:
Issue ratio: 100:35 (Those who own 100 shares will receive 35 new shares.)
Expected issue volume: 932,757,116 shares
Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.
Place & procedure 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: VCBS HOSE
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