The Board resolution dated September 07, 2022, the BOD of LDG Investment Joint Stock Company approved the plan to issue shares for 2019 dividend payment with details as follows:
- Stock name: LDG Investment Joint Stock Company
- Stock type: common share
- Par value: VND10,000/share
- Number of shares expected to be issued: 16,761,304 shares
- Exercise ratio: 100:7 (Those who own 100 shares will receive 07 new shares)
- 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 220 shares. With 7% exercise ratio, the shareholder A will receive: 220*7/100 = 15.4 shares. According to rounding policy, the shareholder A will receive 15 new shares and fractional shares of 0.4 share will be cancelled.
- Time of implementation: expected in Quarter 3/2022 or Quarter 4/2022.