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SHA: Result of stock issuance to pay dividend Dong A Plastic Group Joint – Stock Company announced a result of stock issuance to pay dividend to existing shareholders as follows:
1) Information on stock:
- Stock name: Son Ha Sai Gon Join Stock Company
- Number of outstanding shares: 20,160,000 shares
- Number of treasury shares: 0 share
- Stock type: common share
- Par value: 10,000 dongs/share
- Number of shares expected to be issued: 2,419,200 shares
- Purpose: to pay stock dividend for 2016.
- Record date: October 30, 2017
- Trading date: expected in November 28, 2017.
2) Result of stock issuance:
- Number of distributed shares: 2,419,200 shares
- Number of distributed shareholders: 538 shareholders
- Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be sold at the price of 10,000 dongs/share.
- At the record date, the shareholder A owns 196 shares. With 1:0.7 performing ratio, the shareholder A will purchase: 196 * 12/100 = 23.52 shares. According to rounding policy, the shareholder A purchases 23 new shares. The fractional shares of 0.52 will be distributed at the price: 0.52 * 10,000 = 5.200 dongs and this amount will pay to the shareholder A.
- Number of current shares:
+ Number of outstanding shares: 22,579,200 shares
+ Number of treasury shares: 0 share HOSE
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