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VID: Stock issuance for dividend payment On June 15, 2022, Vien Dong Investment Development Trading Corporation announces the stock issuance for dividend payment to existing shareholders as follows:
- Stock name: Vien Dong Investment Development Trading Corporation
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 35,510,789 shares
- Number of outstanding shares: 35,510,789 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 5,326,618 shares
- Total value (based on par value): 53,266,180,000 dongs
- Issue ratio: 100:15
- 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 264 shares. With 15% exercise ratio, the shareholder A will receive: 264 * 15/100 = 39.6 shares. Accordingly, the shareholder A will receive 39 new shares and the fractional shares of 0.6 share will be cancelled.
- Record date: July 06, 2022. HOSE
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