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DC4: implementing the plan for stock issuance to pay dividend The Board resolution dated May 26, 2021, the BOD of DIC Holdings Construction JSC approved to implement the plan for stock issuance to pay dividend as follows:
- Stock name: DIC Holdings Construction JSC
- Stock code: DC4
- Stock type: common share
- Par value: VND10,000/share
- Current charter capital: VND319,997,580,000
- Number of outstanding shares: 31,999,758 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 1,599,987 shares
- Total value of issue (based on par value): VND15,999,870,000
- Issue ratio: 5% (20:1) (shareholder who owns 01 share will receive 01 right, and with every 20 rights will be received 01 new share).
- Plan to deal with fractional shares: The distributed shares will be rounded down to dozen, the fractional shares due to rounding down will be cancelled.
- For example: at the record date, shareholder A owned 108 shares. With 20:1 performing ratio, the shareholder A will receive: 108 *1/20 =5.4 shares. According to rounding policy, the shareholder A receives 05 new shares and fractional shares of 0.4 will be cancelled.
- Estimated execution time: Quarter II/2021 or Quarter III/2021, after being approved by the State Securities Commission of Vietnam (SSC).
HOSE
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