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TCD: Stock issuance to pay dividend On June 17, 2021, Transport and Industry Development Investment Joint Stock Company announces the stock issuance to pay dividend as follows:
- Stock name: Transport and Industry Development Investment Joint Stock Company
- Stock code: TCD
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 82,294,590 shares
- Number of outstanding shares: 82,294,590 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 4,114,729 shares
- Total value (based on par value): 41,147,290,000 dongs
- Issuing ratio: 20:1 (at the record date, shareholder who owns 20 shares will 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 311 shares. With 20:1 performing ratio, the shareholder A will receive: 311 *1/20 =15.55 shares. According to rounding policy, the shareholder A receives 15 new shares and fractional shares of 0.55 will be cancelled.
- Record date: July 01, 2021. HOSE
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