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KHP: Stock issuance to pay dividend for 2021 On May 09, 2022, Khanh Hoa Power Joint Stock Company announces the stock issuance to pay dividend for 2021 as follows:
- Stock name: Khanh Hoa Power Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 58,971,442 shares
- Number of outstanding shares: 57,471,442 shares
- Number of treasury shares: 1,500,000 shares
- Number of shares expected to be issued: 1,436,786 shares
- Total value (based on par value): 14,367,860,000 dongs
- Issue ratio: 2.5% (1000:25) (Shareholder who owns 1000 shares will receive 25 new shares).
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.
- For example: at the record date, shareholder A owns 386 shares. With 1000:25 exercise ratio, the shareholder A will receive: 386 *25/1000= 9.65 shares. According to rounding policy, the shareholder A will receive 09 new shares and the fractional shares of 0.65 share will be cancelled.
- Record date: May 25, 2022. HOSE
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