PBC: Payment of 2024 stock dividend
Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the record date of corporate action processing for the Securities registering institution as follows:
- Execution rate: 100:3 (shareholders are entitled to 3 new shares for every 100 shares they own)
- Principle of rounding and handling fractional shares: the number of shares received will be rounded down to the whole number, the decimal fractional shares (if any) will be removed.
For example: On the record date, shareholder Nguyen Van A currently owns 1,050 shares. At that time, shareholder A will receive an additional 1,050 x 3% = 31.5 shares. According to the principle of handling fractional shares, the number of shares that shareholder A will receive after rounding down to the whole number is 31 shares. The fractional shares of 0.5 decimal shares will be canceled.
- The positive difference between the total amount expected to be used to issue shares to pay dividends (calculated at par value of VND 10,000/share) and the total value of the actual number of shares distributed to existing shareholders (calculated at par value of VND 10,000/share) will be retained in the company's undistributed after-tax profit.
- Payment place:
+ The holders whose shares have been deposited will complete procedures to receive dividend at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will complete procedures to receive dividend at the Human Resources Administration Department - Pharbaco Central Pharmaceutical Joint Stock Company No.1 (No. 160, Ton Duc Thang Street, O Cho Dua Ward, Hanoi City, Vietnam) on working days of the week. ID cards/Business Registration Certificate/Other documents containing information identifying the securities owner as prescribed or a legal PoA (in case of authorization to receive the Share Ownership Certificate). have to be presented.
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