GDT: Plan for 2021 dividend payment The Board resolution dated July 30, 2022, the BOD of Duc Thanh Wood Processing Joint Stock Company approved to implement the plan for 2021 dividend payment as follows:
- Stock name: Duc Thanh Wood Processing Joint Stock Company
- Stock type: common share
- Par value: VND10,000/share
- Issuance purpose: to pay final dividend for 2021.
- Number of shares expected to be issued: 1,936,503 shares
- Exercise ratio: 10% (10:1) (Those who own 10 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 206 shares. With 10% exercise ratio, the shareholder A will receive: 206*10/100 = 20.6 shares. According to rounding policy, the shareholder A will receive 20 new shares and fractional shares of 0.6 share will be cancelled.
- Time of implementation: expected in Quarter 3/2022, after being approved by the State Securities Commission of Vietnam (SSC). HOSE
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