Wednesday, 02/06/2021 10:19

THG: Board resolution on stock dividend payment

The Board of Directors of Tien Giang Investment and Construction Joint Stock Company approved to implement a plan for the 2020 dividend payment as follows:

−        Stock name: Stock of Tien Giang Investment and Construction Joint Stock Company

−        Stock type: common stock

−        Par value: VND10,000/share

−        Total issued volume: 14,519,560 shares

−        Outstanding volume: 14,519,560 shares

−        Estimated issue volume: 1,451,956 shares

−        Total issue value: VND14,519,560,000

−        Issue ratio: 10:1 (those who own 10 shares will receive 01 new share) 

−        Financial resource: the undistributed profit after tax accumulated until 12/31/2020

−        Record date:

−        Issue date: in 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 197 shares. Shareholder A will receive: 197 x 10:1 = 19.7 shares. After rounded down, the real number of shares shareholder A receives will be 19 shares. The fractional part (0.7) will be cancelled.

HOSE

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