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SHI: Stock issuance for dividend payment On August 02, 2022, Son Ha International Corporation announces the stock issuance for dividend payment to existing shareholders as follows:
- Stock name: Son Ha International Corporation
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 150,187,913 shares
- Number of outstanding shares: 149,869,053 shares
- Number of treasury shares: 318,860 shares
- Number of shares expected to be issued: 11,989,524 shares
- Total value (based on par value): 119,895,240,000 dongs
- Issue ratio: 100:8 (Those who own 100 shares will receive 08 new 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 510 shares. With 8% exercise ratio, the shareholder A will receive: 510*8/100 = 40.8 shares. According to rounding policy, the shareholder A will receive 40 new shares and fractional shares of 0.8 share will be cancelled.
- Record date: Notice later.
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