Tuesday, 18/05/2021 16:54

HAX: Notice of stock dividend payment

Hang Xanh Motors Service Joint Stock Company announces a share issue for dividend payment:

I.       Information on the issuer:

  1. Issuer: Hang Xanh Motors Service Joint Stock Company
  2. Short name: HAXACO
  3. Head office: 333 Dien Bien Phu, ward 15, Binh Thanh district, HCMC
  4. Stock code: HAX

II.    Purpose of share issue: to pay dividends

III.  Plan for share issue:

−      Stock name: Stock of Hang Xanh Motors Service Joint Stock Company

−      Stock type: common stock

−      Par value: VND10,000/share

−      Total issued volume: 36,744,399 shares

−      Outstanding volume: 36,744,399 shares

−      Treasury shares: 0 shares

−      Estimated issue volume: 11,023,319 shares

−      Total issue value: VND110,233,190,000

−      Issue ratio: 10:3

−      Financial resource: the retained profit

−      Record date: May 28, 2021

−      Plan to deal with fractional shares: The shares newly issued to shareholders will be rounded down to units. The fractional shares (if any) will be cancelled.

For example, on the record date, shareholder A owns 549 shares. Shareholder A will receive: 549 x 10:3 = 164.7 shares. After rounded down, the real number of shares shareholder A receives will be 164 shares. The fractional part (0.7) will be cancelled.

HOSE

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