HSG: Stock issuance for dividend payment On August 30, 2022, Hoa Sen Group announces the stock issuance for dividend payment to existing shareholders as follows:
- Stock name: Hoa Sen Group
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 498,382,696 shares
- Number of outstanding shares: 498,382,696 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 99,676,539 shares
- Total value (based on par value): 996,765,390,000 dongs
- Exercise ratio: 100:20
- 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 101 shares. With 100:20 exercise ratio, the shareholder A will receive: 101 * 20/100 = 20.2 shares. According to rounding policy, the shareholder A will receive 20 new shares and the fractional shares of 0.2 share will be cancelled.
- Record date: September 15, 2022 HOSE
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