On August 11, 2022, Bamboo Capital Joint Stock Company announces the stock issuance for dividend payment to existing shareholders as follows:
- Stock name: Bamboo Capital Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 503,305,437 shares
- Number of outstanding shares: 503,305,437 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 25,165,271 shares
- Total value (based on par value): 251,652,710,000 dongs
- Exercise ratio: 20:01 (Those who own 20 shares will receive 01 new share)
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.
- For example: at the record date, shareholder A owns 311 shares. With 20:1 exercise ratio, the shareholder A will receive: 311 * 1/20 = 15.55 shares. According to rounding policy, the shareholder A will receive 15 new shares and the fractional shares of 0.5 share will be cancelled.
- Record date: August 24, 2022