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VID: Implementing the plan for 2020 dividend payment
HOSE - 5/28/2021 4:02:00 PM
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The Board resolution dated May 26, 2021, the BOD of Vien Dong Investment Development Trading Corporation approved to implement the plan for 2020 dividend payment as follows:

-          Stock name: Vien Dong Investment Development Trading Corporation

-          Stock code: VID

-          Stock type: common share

-          Par value: VND10,000/share

-          Number of shares issued: 30,880,070 shares

-          Number of outstanding shares: 30,880,070 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued: 4,632,010 shares

-          Total value of issue (based on par value): VND46,320,100,000

-          Charter capital after the issuance: VND355,120,800,000

-          Issue rate: 15% (shareholder who owns 100 shares will receive 15 new shares).

-          Plan to deal with fractional shares: The distributed shares will be rounded down to dozen, the fractional shares due to rounding down will be cancelled.

-          For example: at the record date, shareholder A owned 264 shares. With 15% performing ratio, the shareholder A will receive: 264*15/100 = 39.6 shares. According to rounding policy, the shareholder A receives 39 new shares and fractional shares of 0.6 will be cancelled.

-          Expected execution time: Quarter III/2021, after being approved by the State Securities Commission of Vietnam (SSC).

 

 

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