STK: Share issuance for dividend payment on fiscal year 2025
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: 10:1 (Shareholders are entitled to 495 new shares for every 1000 shares they own)
- Principle of rounding and handling fractional shares: The number of shares issued to existing shareholders will be rounded down to the whole number, the decimal fractional shares (if any) will be removed.
Example: On the record date for exercising the rights, shareholder A owns 111 shares. With an exercise ratio of 10:1, shareholder A is entitled to receive 11.1 new shares (111 x 1/10 = 11.1). According to the rounding method and the handling of fractional shares mentioned above, shareholder A receives 11 new shares, and the fractional share of 0.1 is 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 Headquarters of Century Fiber Joint Stock Company (2 B1-1 Zone, Northwest Cu Chi Industrial Park, Tan An Hoi Commune, Ho Chi Minh City). 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.
Century Synthetic Fiber Corporation 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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