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DC4: implementing the plan for stock issuance to pay dividend
HOSE - 6/11/2021 4:42:00 PM
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The Board resolution dated May 26, 2021, the BOD of DIC Holdings Construction JSC approved to implement the plan for stock issuance to pay dividend as follows:

-          Stock name: DIC Holdings Construction JSC

-          Stock code: DC4

-          Stock type: common share

-          Par value: VND10,000/share

-          Current charter capital: VND319,997,580,000

-          Number of outstanding shares: 31,999,758 shares

-          Number of treasury shares: 0 share

-          Number of shares expected to be issued: 1,599,987 shares

-          Total value of issue (based on par value): VND15,999,870,000

-          Issue ratio: 5% (20:1) (shareholder who owns 01 share will receive 01 right, and with every 20 rights will be received 01 new share).

-          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 108 shares. With 20:1 performing ratio, the shareholder A will receive: 108 *1/20 =5.4 shares. According to rounding policy, the shareholder A receives 05 new shares and fractional shares of 0.4 will be cancelled.

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

 

 

 

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