Wednesday, 31/08/2022 22:19

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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