NKG: Payment of 2025 Stock Dividend
Viet Nam 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:
- Execution rate: 10% (shareholders are entitled to 10 new shares for every 100 shares that they own);
- Principle of rounding, handling fractional shares (if any): The number of shares additionally issued will be rounded down to the unit, the decimal fractional share (if any) will be removed.
Example: On the record date for exercising the right to receive stock dividends, shareholder Nguyen Van A owns 503 shares. At that time, shareholder A will receive the corresponding number of newly issued shares as dividends, which is 503 x 10% = 50.3 shares, rounded down to 50 shares. The fractional share of 0.3 will be canceled.
- 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 Nam Kim Steel Joint Stock Company, Address: Lot A1, D2 Road, Dong An 2 Industrial Park, Binh Duong Ward, Ho Chi Minh City, Vietnam on working days. ID cards/passport/Business Registration Certificate/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.
NamKim Steel Joint Stock Company
and the parties involved in the process of preparing the dossier, documents of corporate action processin 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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