Thursday, 14/07/2022 21:58

HSL: Approved the record date for 2020 & 2021 dividend payment

The Board resolution dated July 12, 2022, the BOD of Hong Ha Food Investment Development Joint Stock Company approved to pay stock dividend for 2020 and 2021 with details as follows:

-        Record date: July 25, 2022

-        Exercise ratio:

+ In 2020: 100:05 (Those who own 100 shares will receive 05 new shares)

+ In 2021: 100:05 (Those who own 100 shares will receive 05 new shares).

-        Number of shares expected to be issued:

+ In 2020: 1,608,357 shares

+ In 2021: 1,608,357 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 3,956 shares. With 5% exercise ratio, the shareholder A will receive: 3,956*5/100 = 197.8 shares. According to rounding policy, the shareholder A will receive 197 new shares and fractional shares of 0.8 share will be cancelled.

-        Time of implementation: expected in Quarter III/2022.

HOSE

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