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TV2: Record date to pay stock dividend for 2019

Tuesday, 11/08/2020
TV2: Record date to pay stock dividend for 2019

The Hochiminh Stock Exchange issued Announcement No.1373/TB-SGDHCM about the record date of Power Engineering Consulting Joint Stock Company 2 as follows:

-          Ex-right date: August 12, 2020

-          Record date: August 13, 2020

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

2)      Content:

-          Exercise ratio: 50% (2:1) (shareholder who owns 02 shares will receive 01 new share.)

-          Expected issue volume: 12,005,059 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 03 shares. With 50% performing ratio, the shareholder A will receive: 03 *50/100 =1.5 shares. According to rounding policy, the shareholder A receives 01 new share 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 Power Engineering Consulting Joint Stock Company 2 (Address: Floor 15th, 432 – 436 Nguyen Thi Minh Khai, ward 5, district 3, Hochiminh).

 

Theo HSX


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