|
NHT: Plan for stock issuance to pay divdiend The Board resolution dated August 31, 2022, the BOD of Nam Hoa Trading and Production Corporation approved the plan to issue shares for 2021 dividend payment with details as follows:
- Stock name: Nam Hoa Trading and Production Corporation
- Stock type: common share
- Par value: VND10,000/share
- Number of shares expected to be issued: 5,539,327 shares
- Total value of issuance (at par value): VND55,393,270,000
- Exercise ratio: 30% (10:3) (Those who own 10 shares will receive 03 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 135 shares. With 30% exercise ratio, the shareholder A will receive: 135*30/100 = 40.5 shares. According to rounding policy, the shareholder A will receive 40 new shares and fractional shares of 0.5 share will be cancelled.
- Transfer restriction: none
- Time of implementation: expected in Quarter III/2022, after being approved by the State Securities Commission of Vietnam (SSC).
HOSE
|
