VID: Notice of stock dividend payment for 2020
Vien Dong Investment Development Trading Corporation announces a share issue for the 2020 dividend payment:
− Stock name: Stock of Vien Dong Investment Development Trading Corporation
− Stock type: common stock
− Par value: VND10,000/share
− Total issued volume: 30,880,070 shares
− Outstanding volume: 30,880,070 shares
− Treasury shares: 0 shares
− Estimated issue volume: 4,632,010 shares
− Total issue value: VND46,320,100,000
− Issue ratio: 15% (100:15)
− Financial resource: the undistributed after-tax profit in the 2020 audited financial statements
− Record date: July 01, 2021
− Plan to deal with fractional shares: The shares newly issued to shareholders will be rounded down to units. The fractional shares (if any) will be cancelled.
For example, on the record date, shareholder A owns 264 shares. Shareholder A will receive: 264 x 15% = 39.6 shares. After rounded down, the real number of shares shareholder A receives will be 39 shares. The fractional part (0.6) will be cancelled.