On October 24, 2018, HOSE issued Announcement No.1307/TB-SGDHCM on the record date of Hai Phat Investment Joint Stock Company as follows:
- Ex-right date: November 01, 2018
- Record date: November 02, 2018
- Reason & Purpose: to pay stock dividend for 2017.
- Contents:
- Exercise ratio: 15% (Shareholders are entitled to have 15 new shares for every 100 shares owned.)
- Estimated issue volume: 22,500,000 shares
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.
- For example: At the record date, shareholder A owned 195 shares. With 15% performing ratio, the shareholder A will receive: 195 * 15/100 = 29.25 shares. According to rounding policy, the shareholder A receives 29 new shares. The fractional shares of 0.25 will be cancelled.
- Place of payment:
+ Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.
+ Shareholders whose shares have not been deposited: at Hai Phat Investment Joint Stock Company.