SMC Investment Trading Joint Stock Company (SMC) announces the stock issue for dividend payment as follows:
- Stock: Stock of SMC Investment Trading Joint Stock Company
- Stock type: common stock
- Par value: 10,000 VND/share
- Number of issued shares: 54,998,360 shares
- Number of outstanding shares: 54,970,260 shares
- Number of treasury shares: 28,100 shares
- Estimated issue volume: 5,497,026 shares
- Estimated issue value: 54,970,260,000 VND
- Issue ratio: 10% on the outstanding shares
- Financial resource: the undistributed after-tax profit according to the 2018 audited consolidated financial statements.
- Record date: July 15, 2019
- The number of shares distributed to each shareholder will be rounded down. The fractional part (if any) will be cancelled.
- For example, if shareholder A owns 126 shares at the record date, he will have the right to receive 126 *0.1 = 12.6 new shares. After rounded down, the number of shares shareholder A receives is 12 shares. The fractional part (0.6 shares) will be cancelled.