On November 06, 2020, the Board of Directors of Hong Ha Food Investment Development Joint Stock Company (stock code: HSL) approved a record date for dividend payment for 2018 as follows:
− Record date: November 20, 2020
− Purpose: to pay dividends for 2018
− Exercise ratio: 100:9 (Those who own 100 shares will receive 09 new shares)
− Estimated issue volume: 1,417,496 shares
− Plan to deal with fractional shares: The shares newly issued to shareholders will be rounded down to units. The fractional shares (if any) will be cancelled.
For example, on the record date, shareholder A owns 13,680 shares. Shareholder A will receive: 13,680 x 100:9 = 1,231.2 shares. After rounded down, the real number of shares shareholder A receives will be 1,231 shares. The fractional part (0.2) will be cancelled.
− Estimated issue date: in Quarter 4 of 2020.