Thursday, 13/10/2022 18:19

SCR: Stock issuance for 2021 dividend payment

On October 12, 2022, Sai Gon Thuong Tin Real Estate Joint Stock Company announces the stock issuance to pay dividend for 2021 as follows:

-          Stock name: Sai Gon Thuong Tin Real Estate Joint Stock Company

-          Stock type: common share

-          Par value: 10,000 dongs

-          Number of shares issued: 366,356,303 shares

-          Number of outstanding shares: 366,356,303 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued: 29,308,504 shares

-          Total value (based on par value): VND293,085,040,000

-          Exercise ratio: 100:08 (Shareholder who owns 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 869 shares. With 8% exercise ratio, the shareholder A will receive: 869 *8/100 = 69.52 shares. According to rounding policy, the shareholder A will receive 69 new shares and the fractional shares of 0.52 share will be cancelled.

Record date: October 26, 2022.

HOSE

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