- Payment rate: 100:17 (Shareholder owning 100 shares is entitled to receive 17 new shares)
- Principle of Rounding, handling of fractional shares (if any): Shares issued to pay dividend will be rounded down to whole number. Fractional shares (if any) will be cancelled.
Example: On the record date, Mr. Nguyen Van A owns 6,210 shares. The number of shares Mr. Nguyen Van A is entitled to receive 1,055 shares (6,210 * 17/100 = 1,055.7, rounded to 1,055). The fractional share of 0.7 will be cancelled.
- 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 Song Da Cao Cuong Joint Stock Company – Address: 214 Le Thanh Tong Street, Chi Linh Ward, Hai Phong City (on weekdays). ID cards/ other legal documents 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.
Song Da Cao Cuong Joint 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.