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ITC: Board resolution on stock dividend payment The Board of Directors of Investment and Trading of Real Estate Joint Stock Company approved a plan for the 20202020 dividend payment as follows:
− Stock name: Stock of Investment and Trading of Real Estate Joint Stock Company
− Stock type: common stock
− Par value: VND10,000/share
− Estimated issue volume: 7,928,593 shares
− Exercise ratio: 10%% (those who own 100 shares will receive 10 new shares)
− 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 585 shares. Shareholder A will receive: 585 x 10% = 58.5 shares. After rounded down, the real number of shares shareholder A receives will be 58 shares. The fractional part (0.5) will be cancelled.
− Place of payment:
ü Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.
ü Shareholders whose shares have not been deposited: at Investment and Trading of Real Estate Joint Stock Company (18 Nguyen Binh Khiem, Dakao, District 1, HCMC).
HOSE
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