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TCD: Board resolution on dividend payment
HOSE - 9/3/2020 4:58:00 PM
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According to the Board resolution dated July 06, 2020, the Board of Directors of Transport and Industry Development Investment Joint Stock Company approved to pay dividends for 2019 as follows:  

1)      To pay cash dividends for 2019

-          Name of stock: Stock of Transport and Industry Development Investment Joint Stock Company

-          Stock type: common stock

-          Par value: VND10,000/share

-          Exercise ratio: 5%/par value (500 dongs/share)

-          Record date: in August 2020

-          Payment date: September 10, 2020

2)      To pay stock dividends for 2019

-          Name of stock: Stock of Transport and Industry Development Investment Joint Stock Company

-          Stock type: common stock

-          Par value: VND10,000/share

-          Total issued volume: 42,302,370 shares

-          Outstanding volume: 42,302,370 shares

-          Treasury shares: 0 shares

-          Estimated issue volume: 4,653,260 shares

-          Estimated issue value: VND46,532,600,000

-          Issue ratio: 11% on Outstanding volume

-          Issue date: in August 2020

-          Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.

For example, if shareholder A owns 311 shares at the record date, he will receive: 311 * 11%34.21 new shares. However, after rounded down, the real number of shares he receives is 34 shares. The fractional part (0.21 share) will be cancelled.

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