Wednesday, 01/06/2022 00:18

MSH: Stock issuance to pay dividend

   On May 26, 2022, Song Hong Garment Joint Stock Company announces the stock issuance to pay dividend to existing shareholders as follows:

-        Stock name: Song Hong Garment Joint Stock Company

-        Stock type: common share

-        Par value: 10,000 dongs

-        Number of shares issued: 50,009,400 shares

-        Number of outstanding shares: 50,009,400 shares

-        Number of treasury shares: 0 share

-        Number of shares expected to be issued: 25,004,700 shares

-        Total value (based on par value): 250,047,000,000 dongs

-        Exercise ratio: 2:1 (Those who own 02 shares will receive 01 new share)

-        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 201 shares. With 2:1 exercise ratio, the shareholder A will receive: 201 *1/2 = 100.5 shares. According to rounding policy, the shareholder A will receive 100 new shares and the fractional shares of 0.5 share will be cancelled.

-        Record date: June 08, 2022.

 

HOSE

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