TGG: Board resolution on stock dividend payment
TGG: Board resolution on stock dividend payment
According to the Board resolution dated July 11, 2018, the Board of Directors of Truong Giang Investment and Construction Joint Stock Company approved the stock issuance to pay dividend for 2017 as follows:
- Payment ratio: 5% (Those who own 01 share will receive 01 right, and with every 20 rights will receive 01 new share.)
- Number of shares expected for stock dividend payment: 1,300,000 shares
- Total expected issue value: VND13,000,000,000.
- Financial resource: the undistributed after-tax profit
- The number of shares distributed to each shareholder will be rounded down. The fractional part (if any) will be cancelled.
- Issue date: in Quarter III/2018
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