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VPH: Record date for 2018 cash & stock dividend On June 17, 2019, the Hochiminh Stock Exchange issued Announcement No.878/TB-SGDHCM about the record date of Van Phat Hung Corporation as follows:
- Ex-right date: June 25, 2019
- Record date: June 26, 2019
- Reason & purpose:
- To pay cash dividend for 2018;
- To pay stock dividend for 2018.
- Content:
1. To pay cash dividend for 2018:
- Exercise ratio: 7%/share (700 dongs/share)
- Payment date: July 12, 2019
- 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 Van Phat Hung Corporation.
2. To pay stock dividend for 2018:
- Exercise ratio: 100:10 (Shareholder who owns 100 shares will receive 10 new shares).
- Expected issue volume: 8,668,950 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 15 shares. With 10% performing ratio, the shareholder A will receive: 15 * 10/100 = 1.5 shares. According to rounding policy, the shareholder A receives 01 new share. The fractional shares of 0.5 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 Van Phat Hung Corporation.
HOSE
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