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KSB: Stock issuance to pay dividend On June 17, 2021, Binh Duong Mineral and Construction Joint Stock Company announces the stock issuance to pay dividend as follows:
- Stock name: Binh Duong Mineral and Construction Joint Stock Company
- Stock code: KSB
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 66,968,478 shares
- Number of outstanding shares: 66,633,078 shares
- Number of treasury shares: 335,400 shares
- Number of shares expected to be issued: 6,663,308 shares
- Total value (based on par value): 66,633,080,000 dongs
- Issuing ratio: 10:1 (at the record date, shareholder who owns 01 share will receive 01 right, and with every 10 rights will be entitled to receive 01 new share)
- 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 1,352 shares. With 10:1 performing ratio, the shareholder A will receive: 1,352 *10/100 =135.20 shares. According to rounding policy, the shareholder A receives 135 new shares.
- Record date: July 07, 2021. HOSE
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