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SHP: Board resolution on stock dividend payment
HOSE - 12/28/2021 5:11:00 PM
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The Board of Directors of Southern Hydropower Joint Stock Company approved a plan for the 2020 dividend payment as follows:

−        Stock name: Stock of Southern Hydropower Joint Stock Company

−        Stock code: SHP

−        Stock type: common stock

−        Par value: VND10,000/share

−        Total issued volume: 93,710,200 shares

−        Outstanding volume: 93,710,200 shares

−        Treasury shares: 0 shares

−        Estimated issue volume: 7,496,816 shares

−        Total issue value: VND74,968,160,000

−        Issue ratio: 8%  on the outstanding volume   

−        Financial resource: the undistributed after-tax profit

−        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 470 shares. Shareholder A will receive: 470 x 0.08 = 37.6 shares. After rounded down, the real number of shares shareholder A receives will be 37 shares. The fractional part (0.6) will be cancelled.

−        Issue date: in Quarter I of 2022.

 

 

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