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06-09-2012 11:03 PM #1
Titan Member- Ngày tham gia
- Aug 2009
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CSM: The record date for the 2011 dividend payment
The Southern Rubber Industry Joint Stock Company (CASUMINA) announces the record date to pay dividend in stock for 2011:
- Stock symbol: CSM
- Stock type: Common stock
- Par value: VND10,000
- Ex-right date: September 17, 2012
- Record date: September 19, 2012
- Purpose: to pay stock dividends of the year 2011
Contents:
- Estimated issue volume: 6,269,835 shares.
- Exercise ratio: 100:12 (Holders of the Company’s common stock as on the record date will be entitled to receive 12 new shares per 100 shares).
- Plan to deal with fractional shares
- The distributed shares will be rounded down. The fractional shares which are less than 01 will be bought back at a price of VND10,000 per whole share.
For example, if shareholder A owns 253 shares at the record date, he will receive: 253x100/12 = 30.36 shares. However, because of rounding down, he will receive only 30 new shares and VND3,600.
Place & procedure of payment:
- Shareholders whose shares have been deposited: shareholders make procedures of dividend payment in stock at the securities firms where the shares have been deposited.
- Shareholders whose shares have not been deposited: shareholders make procedures of dividend payment in stock at CASUMINA No 5, 146 Nguyen Bieu Street, Ward 2, District 5, HCM City.
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