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IMP: Record date for 2017 stock dividend On May 23, 2018, the Hochiminh Stock Exchange issued Announcement No.713/TB-SGDHCM about the record date for 2017 stock dividend of Imexpharm Corporation as follows:
- Ex-right date: June 04, 2018
- Record date: June 05, 2018
1) Reason & purpose: to pay stock dividend for 2017.
2) Content:
- Exercise ratio: 100:15 (shareholder who owns 100 shares will receive 15 new share.)
- Expected issue volume: 6,443,752 shares
- Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.
- For example: Shareholders owns 559 shares. With 100:15 performing ratio, the shareholder A will receive: 559 * 15/100 = 83.85 shares. According to rounding policy, the shareholder receives 83 new shares. The fractional shares of 0.85 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 Imexpharm Corporation.
HOSE
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