DBC: 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:
- Payment rate: 100:15 (Shareholders are entitled to 15 new shares for every 100 shares they own);
- Principle of rounding and handling fractional shares: The number of shares issued to shareholders will be rounded down to the whole number, the fractional shares (if any) will be removed.
- For example: On the record date to receive dividends, shareholder Nguyen Van A owns 22 shares. The number of stock dividends that Mr. Nguyen Van A receives is calculated according to the ratio of shares issued to pay dividends: 22 x 15% = 3.3 shares. After rounding, the number of shares that Mr. Nguyen Van A receives is 3 shares and the odd 0.3 shares will be removed.
- Payment place:
+ The holders whose shares have been deposited will receive stock dividend at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will complete procedures to receive stock dividends (Share ownership book/certificate) at the Head Office of DABACO Group, No. 35 Ly Thai To Street, Vo Cuong Ward, Bac Ninh City, Bac Ninh Province (presently No. 35 Ly Thai To Street, Vo Cuong Ward, Bac Ninh Province) and present their citizen identification card/identification card.. ID cards have to be presented
Coordination details and procedures for corporate action processing for holders of the above securities between VSDC, the Securities registering institution and depository members are specified in the Guideline on corporate action processing for securities holders at VSDC.
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44,021|6,183
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0
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3,445
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822
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37
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10,269,926