SGN: BoD approves to the 2018 dividend payment
SGN: BoD approves to the 2018 dividend payment
On April 22, 2019, the Board of Directors of Sai Gon Ground Services Joint Stock Company approved a plan for issuing shares to the 2018 dividend payment:
- Stock name: Stock of Sai Gon Ground Services Joint Stock Company
- Number of outstanding shares (before the issuance): 23,964,652 shares
- Number of treasury shares (before the issuance): 31,300 shares
- Stock type: common share
- Stock code: SGN
- Par value: VND10,000/ share
- Exercise ratio: 40% (Those who own 10 shares will receive 04 new shares.)
- Estimated issue volume: 9,585,860 shares
- Total issue value: VND95,858,600,000.
- Financial resource: Undistributed profit after tax
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.
- Time of implementation: expected in May, June 2019.
HOSE