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TCM: Record date for stock dividend On May 09, 2018, the Hochiminh Stock Exchange issued Announcement No.634/TB-SGDHCM about the record date of Thanh Cong Textile Garment Investment Trading Joint Stock Company as follows:
- Ex-right date: May 21, 2018
- Record date: May 22, 2018
1) Reason & Purpose: to pay bonus shares due to implementing capital increase from the owner’s equity.
2) Content:
- Exercise ratio: 5%/par value (shareholder who owns 100 shares will receive 05 new shares.)
- Expected issue volume: 2,577,668 shares
- Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.
- For example: Shareholders owns 123 shares. With 5% performing ratio, the shareholder A will receive: 123 * 5% = 6.15 shares. According to rounding policy, the shareholder receives 06 new shares. The fractional shares of 0.15 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 Thanh Cong Textile Garment Investment Trading Joint Stock Company.
HOSE
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