Asia Commercial Joint Stock Bank announces a share issue for the 2020 dividend payment:
I. Information on the issuer:
1) Issuer: Asia Commercial Joint Stock Bank
2) Short name: ACB
3) Stock code: ACB
4) Charter capital: VND21,615,584,600,000
II. Purpose of share issue: to pay dividends for 2020
III. Plan for share issue:
− Stock name: Stock of Asia Commercial Joint Stock Bank
− Stock type: common stock
− Par value: VND10,000/share
− Total issued volume: 2,161,558,460 shares
− Outstanding volume: 2,161,558,460 shares
− Treasury shares: 0 shares
− Estimated issue volume: 540,389,615 shares
− Total issue value: VND5,403,896,150,000
− Issue ratio: 25%
− Financial resource:
− Record date: June 11, 2021
− Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be distributed to ACB’s Labor Union.
For example, on the record date, shareholder A owns 95 shares. Shareholder A will receive: 95 x 25% = 23.75 shares. After rounded down, the real number of shares shareholder A receives will be 23 shares. The fractional part (0.75) will be distributed to ACB’s Labor Union.