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.