Thursday, 25/07/2019 14:45

TV2: Record date for 2018 dividend payment

On July 23, 2019, the Hochiminh Stock Exchange issued Announcement No.1008/TB-SGDHCM about the record date of Power Engineering Consulting Joint Stock Company 2 as follows:

-       Ex-right date: July 30, 2019

-       Record date: July 31, 2019

-       Reason & purpose: to pay third stock dividend for 2018;

-       Content:

  • Exercise ratio: 62.5% (1,000:625) (Shareholder who owns 1,000 shares will receive 625 new shares).
  • Expected issue volume: 9,234,791 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 332 shares. With 62.5% performing ratio, the shareholder A will receive: 332 * 62.5/100 = 207.5 shares. According to rounding policy, the shareholder A receives 207 new shares. The fractional shares of 0.5 will be cancelled.
  • Time of implementation: expected in Q3.2019
  • 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 Power Engineering Consulting Joint Stock Company 2.

 

HOSE

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