HDB: Payment of 2023 Stock Dividend
Viet Nam Securities Depository and Clearing Corporation (VSDC) - Hochiminh Branch (CNVSDC) would like to announce the record date as follows:
- Execution rate: 20% (Shareholders are entitled to receive 20 new shares for every 100 shares they own)
- Principle of rounding and handling fractional shares: The number of shares issued to existing shareholders will be rounded down to the whole number. The decimal fractional shares (if any) will be donated to the Trade Union of Ho Chi Minh City Development Joint Stock Commercial Bank.
- Example: On the record date, shareholder A owns 1,001 shares is going to receive: (1,001 x 20)/100 = 200.2 new shares. Due to rounding down to the whole number, shareholder A will only receive 200 new shares, the remaining 0.2 shares will be given to the Trade Union of Ho Chi Minh City Development Joint Stock Commercial Bank.
- Payment place:
+ The holders whose shares have been deposited will receive dividend at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will receive dividend at the office of Ho Chi Minh City Securities Corporation (HSC) - 2nd Floor, AB Building, 76A Le Lai, Ben Nghe Ward, District 1, Ho Chi Minh City. ID cards have to be presented.
Depository members (DMs) are requested to compare the securities holders’ information in the List generated and sent in the form of Certificate of Authorization by VSDC with the information managed by DMs then send Confirmation (Form 03/THQ) in the form of Certificate of Authorization on the accuracy of the list of shareholders (For DMs who have not completed the connection to VSDC’s terminal-based gateway/ISO-based gateway or where the connection has been disrupted, the Confirmation with Certificate of Authorization shall be sent to VSDC's email). In case of rejection due to data errors, VSDC's members are requested to send written notice on details of errors for necessary correction.
Deadline for sending confirmation: by 10.30 am, 16/12/2024.
If DMs do not send confirmation document by the above deadline, VSDC will consider the list provided to DMs and direct account holding members by VSDC tobe accurate and confirmed. In case of arising disputes and losses to shareholders, DMs will have to bear all the related responsibilities.
DMs are requested to fully inform this notice to each investor who has deposited the above shares at DMs within 03 working days from the date on the notice.
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42,843|6,051
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6
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3,190
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794
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37
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9,157,109