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SAV: Record date for dividend payment & stock issuance On May 13, 2021, the Hochiminh Stock Exchange issued Announcement No.965/TB-SGDHCM about the record date of Savimex Corporation as follows:
- Exright date: May 20, 2021
- Record date: May 21, 2021
- Reason & Purpose:
- To pay cash dividend for 2020;
- To issue shares for capital increase from the owner’s equity.
- Content:
- To pay cash dividend for 2020:
- Exercise ratio: 5%/par value (500 dongs/share)
- Payment date: June 02, 2021
- 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 Savimex Corporation.
- To issue shares for capital increase from the owner’s equity:
- Exercise ratio: 10% (shareholder who owns 100 shares will receive 10 new shares).
- Expected issue volume: 1,420,408 shares
- Plan to deal with fractional shares: The distributed shares will not be rounded down to dozen, the fractional shares due to rounding down will be cancelled.
- For example: at the record date, shareholder A owned 123 shares. With 10% performing ratio, the shareholder A will receive: 123 *10/100 =12.3 shares. According to rounding policy, the shareholder A receives 12 new shares and fractional shares of 0.3 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 Savimex Corporation. HOSE
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