On October 21, 2022, the Hochiminh Stock Exchange issued an Announcement No.1920/TB-SGDHCM about the record date of Power Construction Joint Stock Company No 1 as follows:
- Ex-right date: November 01, 2022
- Record date: November 02, 2022
- Reason & Purpose: to pay stock dividend for 2021.
- Content:
- Expected issue volume: 35,273,947 shares
- Exercise ratio: 100:15 (Those who own 100 shares will receive 15 new shares.)
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be cancelled.
- For example: at the record date, shareholder A owns 08 shares. With 15% performing ratio, the shareholder A will receive: 08 *15% = 1.2 shares. According to rounding policy, the shareholder A will receive 01 new share and the fractional shares of 0.2 share will be cancelled.
- Place of implementation:
+ Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.
+ Shareholders whose shares have not been deposited: at Power Construction Joint Stock Company No 1.