VHM: Stock issuance to pay dividend

Oct 1st at 16:26
01-10-2018 16:26:00+07:00

VHM: Stock issuance to pay dividend

   On September 28, 2018, Vinhomes Joint Stock Company announces the stock issuance to pay dividend to existing shareholders as follows:

-       Stock name: Vinhomes Joint Stock Company

-       Stock code: VHM

-       Charter capital:  VND26,796,115,500,000

-       Stock type: common share

-       Par value: 10,000 dongs

-       Number of share issued: 2,679,611,550 shares

-       Number of outstanding shares: 2,679,611,550 shares

-       Number of treasury shares: 0 share

-       Number of shares expected to be issued: 669,902,887 shares

-       Total value (based on par value): VND6,699,028,870,000

-       Exercise ratio: 1000:250 (Shareholders are entitled to have 250 new shares for every 1,000 shares owned.)

-       Record date: October 09, 2018

-       Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.

-       For example: At the record date, shareholder A owned 789 shares. With 1000:250 performing ratio, the shareholder A will receive: 789 * 250/1000 = 197.25 shares. According to rounding policy, the shareholder A receives 197 new shares. The fractional shares of 0.25 will be cancelled.

 

HOSE



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