MHC: Board resolution on stock dividend payment

According to the Board resolution dated May 10, 2018, the Board of Directors of MHC Joint Stock Company approved to implement the plan for paying stock dividend for 2016 and 2017 as follows:

-          Par value: VND10,000/share

-          Number of shares expected to be issued: 4,910,263 shares 

-          Exercise ratio: 15% or 100:15 (Those who own 100 shares will receive 15 new shares.)

Of which:

• For 2016: 5% par value;
• For 2017: 10% par value.

-          Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled. 

-          Financial resource for the issue: the undistributed after-tax profit

-          Time of implementation: in Quarter II.2018  – Quarter III.2018

HOSE

>   OPC: Notice of the 2017 dividend payment (14/05/2018)

>   NHC: Notice on the record date to implement right for the dividend payment of 2017 (14/05/2018)

>   TBC: Decision on second 2017 cash dividend (14/05/2018)

>   PJT: Record date for 2017 cash dividend (14/05/2018)

>   UIC: Record date for 2017 cash dividend (14/05/2018)

>   BTP: The record date for the 2017 dividend payment (14/05/2018)

>   ADS: The record date for the 2017 dividend payment (14/05/2018)

>   SFI: The record date for the 2017 dividend payment (14/05/2018)

>   NT2: The record date for the 2017 dividend payment (14/05/2018)

>   PNJ: The record date for the 2017 dividend payment (14/05/2018)