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THG: Record date for 2017 stock dividend On June 07, 2018, the Hochiminh Stock Exchange issued Announcement No.790/TB-SGDHCM about the record date for 2017 stock dividend of Tien Giang Investment and Construction Joint Stock Company as follows:
- Ex-right date: June 18, 2018
- Record date: June 19, 2018
- Reason & purpose: to pay stock dividend for 2017.
- Content:
- Exercise ratio: 10:1 (shareholder who owns 10 shares will receive 01 new share.)
- Expected issue volume: 1,199,990 shares
- Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.
- For example: Shareholders owns 197 shares. With 40% performing ratio, the shareholder A will receive: 197 * 10/100 = 19.7 shares. According to rounding policy, the shareholder receives 19 new shares. The fractional shares of 0.7 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 Tien Giang Investment and Construction Joint Stock Company. HOSE
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