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ABS: Record date to pay stock dividend for 2019

Friday, 28/08/2020
ABS: Record date to pay stock dividend for 2019

On August 27, 2020, the Hochiminh Stock Exchange issued Announcement No.1469/TB-SGDHCM about the record date of Binh Thuan Agriculture Services JSC as follows:

-          Ex-right date: September 03, 2020

-          Record date: September 04, 2020

1)      Reason & Purpose: to pay stock dividend for 2019.

2)      Content:

-          Exercise ratio: 25% (shareholder who owns 10 shares will receive 2.5 new shares.)

-          Expected issue volume: 7,200,000 shares

-          Plan to deal with fractional shares: The distributed shares will not be rounded down to dozen, the fractional shares due to rounding down will be cancelled.

-          For example: at the record date, shareholder A owned 2,222 shares. With 25% performing ratio, the shareholder A will receive: 2,222 *25/100 =555.5 shares. According to rounding policy, the shareholder A receives 555 new shares and fractional shares of 0.5 will be cancelled.

-          Place to receive subscription:

+ Shareholders whose shares have been deposited: at the securities firms where shares have been deposited.

+ Shareholders whose shares have not been deposited: at Binh Thuan Agriculture Services JSC (Address: No.3 Nguyen Du, Duc Thang Ward, Phan Thiet City, Binh Thuan Province).

 

Theo HSX


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