HPG: Record date for 2017 stock dividend On June 04, 2018, the Hochiminh Stock Exchange issued Announcement No.775/TB-SGDHCM about the record date for 2017 stock dividend of Hoa Phat Group Joint Stock Company as follows:
- Ex-right date: June 12, 2018
- Record date: June 13, 2018
- Reason & purpose: to pay stock dividend for 2017.
- Content:
- Exercise ratio: 40% (shareholder who owns 10 shares will receive 04 new shares.)
- Expected issue volume: 606,831,600 shares
- Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.
- For example: Shareholders owns 121 shares. With 40% performing ratio, the shareholder A will receive: 121 * 40/100 = 48.4 shares. According to rounding policy, the shareholder receives 48 new shares. The fractional shares of 0.4 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 Hoa Phat Group Joint Stock Company.
HOSE
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