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TCD: Record date for 2017 stock dividend On July 31, 2018, HOSE issued Announcement No.1011/TB-SGDHCM on the record date for 2017 stock dividend of Transport and Industry Development Investment Joint Stock Company as follows:
- Ex-right date: August 08, 2018
- Record date: August 09, 2018
1) Reason & Purpose: to pay stock dividend for 2017.
2) Contents:
- Exercise ratio: 10% (Shareholders are entitled to have 10 new shares for every 100 shares owned.)
- Estimated issue volume: 3,443,403 shares
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.
- For example: At the record date, shareholder A owned 311 shares. With 20:1 performing ratio, the shareholder A will receive: 186 * 10% = 31.1 shares. According to rounding policy, the shareholder A receives 31 new shares. The fractional shares of 0.1 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 Transport and Industry Development Investment Joint Stock Company. HOSE
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