Wednesday, 06/06/2018 11:02

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

  1. Reason & purpose: to pay stock dividend for 2017.
  2. 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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