Dic Investment And Trading Joint Stock Company announced the resolution of the Board of Directors dated September 03, 2013:
Article 1: Approving the plan of issuing shares to pay 2012 second stock dividend:
- Charter capital (at December 31, 2012): VND164,460,690,000
- Number of outstanding shares: 15,911,129 shares
- Treasury stock volume: 534,940 shares
- Trading method: in stock
- Exercise ratio: 4% (or 25:1, the one who owns 100 shares will receive 01 new share).
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be canceled.
For example, shareholder A owns 537 DIC shares, he will receive 21 shares (537/25 = 21.48 shares) and 0.48 share will be canceled.
- Estimated issue volume: 636,445 shares
- Finance resource: capital surplus and retained profit (at December 31, 2013)
- The new shares are transferable
- Charter capital after paying stock dividend: VND170,825,140,000
Article 2:Approving to list all of the dividend shares on the Hochiminh Stock Exchange.
- The entire dividend shares will be listed on the Hochiminh Stock Exchange after the issuance is completed.
Article 3: This resolution takes effect from September 03, 2013.