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TVS: Board resolution on dividend payment

Jun 8th at 13:26
08-06-2018 13:26:54+07:00

TVS: Board resolution on dividend payment

Thien Viet Securities Joint Stock Company announced the Board resolution dated June 07, 2018 as follows:

1. Approving the plan for cash dividend payment for 2017:

-       Payment ratio: 6%/par value, equivalent to 600 dongs/share

-       Record date: to be decided by the Board of Directors or the CEO.

2. Approving to implement the plan for issuing share to pay the 2017 dividend and issuing bonus shares to the existing shareholders:

-       Issue ratio: 10% (Those who own 100 shares will receive 10 new shares)

Of which: 9% for the 2017 stock dividend payment, and 1% for bonus issuance.

-       Financial resource: the undistributed profit and the reserve fund for charter capital.

-       Time of implementation: in Quarter 2 – 3/2018

-       How to deal with fractional shares: The new shares distributed to each shareholder will be rounded. The fractional shares (if any) will be cancelled.

-       Transfer restriction: none.

3. Approving to register to additionally deposit and list the new shares under the laws.

HOSE

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