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DC4: Approved the plan for 2021 stock issuance to pay dividend The Board resolution dated April 26, 2022, the BOD of DIC Holdings Construction JSC approved to implement the plan to issue shares for 2021 dividend payment with details as follows:
- Stock name: DIC Holdings Construction JSC
- Stock code: DC4
- Stock type: common share
- Par value: 10,000 dongs
- Charter capital before the issuance: VND500,000,000,000
- Number of outstanding shares: 50,000,000 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 2,500,000 shares
- Total value (based on par value): 25,000,000,000 dongs
- Total shares after the issuance (estimated): 33,775,501 shares
- Total value after the issuance (estimated): 337,755,010,000 dongs
- Issuing ratio: 5% (20:1) (Those 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 owns 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 share will be cancelled.
- Time of implementation: in Quarter II/2022, after being approved by the State Securities Commission of Vietnam (SSC). HOSE
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