PMG: Record date to pay stock dividend for 2019

Thursday, 13/08/2020
PMG: Record date to pay stock dividend for 2019

On August 11, 2020, the Hochiminh Stock Exchange issued Announcement No.1394/TB-SGDHCM about the record date of Petro Center Corporation as follows:

-          Ex-right date: August 17, 2020

-          Record date: August 18, 2020

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

2)      Content:

-          Exercise ratio: 10% (shareholder who owns 100 shares will receive 10 new shares.)

-          Expected issue volume: 4,212,409 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 123 shares. With 10% performing ratio, the shareholder A will receive: 123 *10/100 =12.3 shares. According to rounding policy, the shareholder A receives 12 new shares and fractional shares of 0.3 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 Petro Center Corporation (Address: lot A4, Dien Nam – Dien Ngoc Industrial zone, Dien Nam Bac Ward, Dien Ban Town, Quang Nam Province).

Theo HSX

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