On June 05, 2023, Tien Son Thanh Hoa Group Joint Stock Company approved the plan for stock issuance to pay dividend. Details are as follows:
1) Stock name: Tien Son Thanh Hoa Group Joint Stock Company
2) Stock type: common share
3) Number of shares issued: 63,801,489 shares
4) Number of outstanding shares: 63,801,489 shares
5) Number of treasury shares: 0 share
6) Number of shares expected to be issued: 7,018,163 shares
7) Total value (based on par value): 70,181,630,000 dongs
8) Exercise ratio: 11% (Those owning 100 shares will receive 11 new shares).
9) Plan to deal with fractional shares: The distributed shares will be rounded down to dozen, the fraction/al shares due to rounding down will be cancelled.
For example: Shareholder A owns 150 shares. The shareholder A will receive: 150 * 11/100 = 16.5 shares. According to rounding policy, the shareholder A will receive 16 shares and the fractional shares of 0.5 share will be cancelled.
10) Record date: July 05, 2023.
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