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KSB: Record date for 2020 stock dividend payment
HOSE - 6/24/2021 4:43:00 PM
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On June 22, 2021, the Hochiminh Stock Exchange issued Announcement No.1205/TB-SGDHCM about the record date of Binh Duong Mineral and Construction Joint Stock Company as follows:

-          Ex-right date: July 06, 2021

-          Record date: July 07, 2021

1)      Reason & Purpose:  to pay stock dividend for 2020.

2)      Content:

-          Exercise ratio: 10:1 (shareholder who owns 10 shares will receive 01 new share.)

-          Expected issue volume: 6,663,308 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 1,352 shares. With 10:1 performing ratio, the shareholder A will receive: 1,352 *10/100 =135.20 shares. According to rounding policy, the shareholder A receives 135 new shares.

-          Place of payment:

+ Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.

+ Shareholders whose shares have not been deposited: at Binh Duong Mineral and Construction Joint Stock Company.

 

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