SBV: Payment of 2024 stock dividend
Vietnam Securities Depository and Clearing Corporation (VSDC) – Hochiminh Branch would like to announce the record date of corporate action processing for the Securities registering institution as follows:
- Payment rate: 20:1 (shareholder owning 20 shares is entitled to 1 new shares).
- Principle of rounding and principle of handling fractional shares (if any): The number of shares distributed to existing shareholders will be rounded down to the whole number, fractional shares (if any) will be cancelled.
For example: A shareholder owns 1891 shares, the number of dividend shares to be temporarily received is: 1891 x 5% = 94.55 shares. The number of shares the shareholder will actually receive is 94 shares; 0.55 fractional shares will be canceled.
- 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 receive stock dividend at the office of Siam Brothers Vietnam Joint Stock Company, address: 177 Hai Ba Trung, Xuan Hoa Ward, Ho Chi Minh City on working days of the week. ID cards and Share Ownership Certificate 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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44,941|6,289
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0
-
3,707
-
835
-
37
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11,354,873
