PME: Board resolution on stock dividend payment for 2017 Pymepharco Joint Stock Company announces the Board resolution dated May 09, 2018 as follows:
The Board of Directors approved to implement the plan for paying stock dividend for 2017:
- Par value: VND10,000/share
- Estimated issue volume: 9,784,125 shares
- Estimated issue value: VND97,841,250,000
- Exercise ratio: 100:15 (Those who own 100 shares will receive 15 new shares.)
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be distributed to the Company’s Labor Union.
- Financial resource: the undistributed profit until 31/12/2017
- Time of implementation: after the State Securities Commission approves. HOSE
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