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POM: Stock issuance to pay dividend On September 24, 2018, Pomina Steel Corporation announces the stock issuance to pay dividend to existing shareholders as follows:
- Stock name: Pomina Steel Corporation
- Stock code: POM
- Charter capital: VND1,874,499,510,000
- Stock type: common share
- Par value: 10,000 dongs
- Number of share issued: 187,449,951 shares
- Number of outstanding shares: 186,317,161 shares
- Number of treasury shares: 1,132,790 shares
- Number of shares expected to be issued: 55,895,148 shares
- Total value (based on par value): VND558,951,480,000
- Exercise ratio: 10:3 (Shareholders are entitled to have 03 new share for every 10 shares owned.)
- Record date: October 09, 2018
- 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 91 shares. With 30% performing ratio, the shareholder A will receive: 91 * 0.3 = 27.3 shares. According to rounding policy, the shareholder A receives 27 new shares. The fractional shares of 0.3 will be cancelled. HOSE
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