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TLH: Notice of the plan to issue shares for dividend payment On June 05, 2023, Tien Len Steel Corporation Joint Stock Company approved the plan for stock issuance to pay dividend. Details are as follows:
1) Stock name: Tien Len Steel Corporation Joint Stock Company
2) Stock type: common share
3) Number of shares issued: 102,110,621 shares
4) Number of outstanding shares: 102,110,621 shares
5) Number of treasury shares: 0 share
6) Number of shares expected to be issued: 10,211,062 shares
7) Total value (based on par value): 102,110,620,000 dongs
8) Exercise ratio: 100:10 (Those owning 100 shares will receive 10 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 116 shares. The shareholder A will receive: 116 * 10:100 = 11.6 shares. According to rounding policy, the shareholder A will receive 11 shares and the fractional shares of 0.6 share will be cancelled.
10) Record date: June 21, 2023. HOSE
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