IDV: Payment of 2025 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: 15%/share (shareholders are entitled to 15 new shares for every 100 shares that they own).
- Principle of rounding, handling fractional shares (if any): The number of shares issued to pay dividends will be rounded down to the whole number, the decimal fractional share (if any) will be removed.
Example: on the record date for exercising the right to receive 2025 dividend, shareholder A who owns 119 shares, with the right allocation ratio of 100:15, is entitled to receive 17,85 shares. According to the rounding principle, he/she will actually receive 17 new shares, the 0.85 fractional shares will be removed.
- Payment place:
+ Shareholders whose shares have been deposited will receive stock dividend at the depository member where they opened depository account.
+ Shareholders whose shares have not been deposited will receive stock dividend at Vinh Phuc Infrastructure Development Stock Company, Khai Quang industrial zone, Vinh Phuc ward, Phu Tho province province on working days. 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.
Vinh Phuc Infrastructure Development Stock Company and the parties involved in the process of preparing the dossier, documents of corporate action processing are fully responsible before the law for the legality, accuracy, truthfulness and completeness of the dossier; Institutions and individuals participating in the confirmation of records and documents shall be legally responsible within the scope related to such records and documents as prescribed in Clause 1, Article 11a of the Securities Law No. 54/2019/QH14 dated 26/11/2019, supplemented by Clause 4, Article 1 of Law No. 56/2024/QH15 dated 29/11/2024.
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45,984|6,369
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0
-
4,161
-
851
-
37
-
12,315,011
