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SHI: Result of stock issuance to pay dividend Son Ha International Corporation announced the result of stock issuance for dividend payment to existing shareholders as follows:
1. Information on stock:
- Stock name: Son Ha International Corporation
- Stock type: common share
- Par value: 10,000 dongs/share
- Number of outstanding shares: 63,913,546 shares
- Number of treasury shares: 318,860 shares
- Number of shares expected to be issued: 3,195,677 shares
- Purpose: stock issuance to pay dividend
- Record date: May 31, 2018
- Expected trading date: June 29, 2018
2. Result of stock issuance:
- Number of distributed shares: 3,194,931 shares
- Number of distributed shareholders: 2,492 shareholders
- Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.
- For Example: Shareholders owns 450 shares. With 5% performing ratio, the shareholder A will receive: 450* 5/100 = 22.5 shares. According to rounding policy, the shareholder receives 22 new shares. The fractional shares of 0.5 will be cancelled.
- Number of current shares: 67,427,337 shares:
+ Number of outstanding shares: 67,108,477 shares
+ Number of treasury shares: 318,860 shares. HOSE
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