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TGG: Record date for 2017 stock dividend On August 01, 2018, HOSE issued Announcement No.1013/TB-SGDHCM on the record date for 2017 stock dividend of Truong Giang Investment and Construction Joint Stock Company as follows:
- Ex-right date: August 09, 2018
- Record date: August 10, 2018
- Reason & Purpose: to pay stock dividend for 2017.
- Contents:
- Exercise ratio: 5% (Shareholders are entitled to have 05 new shares for every 100 shares owned.)
- Estimated issue volume: 1,300,000 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 181 shares. With 5% performing ratio, the shareholder A will receive: 181 * 5% = 9.05 shares. According to rounding policy, the shareholder A receives 09 new shares. The fractional shares of 0.05 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 Truong Giang Investment and Construction Joint Stock Company. HOSE
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