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ITC: Board resolution on stock dividend 2018
HSX - 3/10/2020 10:45:00 AM
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Investment and Trading of Real Estate Joint stock Company announces Board Resolution No.06/QD-HDQT dated March 09, 2020. Accordingly, the Board of Directors approved the stock dividend payment for 2018 as follows:

-          Record date: April 06, 2020

-          Payment ratio: 5% (those who own 100 shares will receive 05 new 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 585 shares. Shareholder A will receive: (585 : 100) x 5 = 29.25 shares. After rounded down, the real number of shares shareholder A receives will be 29 shares. The fractional part (0.25) will be cancelled.

-          Payment date: April 20, 2020

-          Place of payment:

ü  Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.

ü  Shareholders whose shares have not been deposited: at Investment and Trading of Real Estate Joint stock Company (address: 18 Nguyen Binh Khiem, Da Kao, District 1, Ho Chi Minh City).  

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