Vinh Hoan Corporation (VINHHOAN CORP) announced that it would issue shares to pay dividend for 2014 as follows:
1) Stock: Stock of Vinh Hoan Corporation
2) Stock type: common stock
3) Par value: VND10,000/share
4) Total number of shares: 61,602,703 shares
5) Number of outstanding shares: 60,403,953 shares
6) Number of treasury shares: 1,198,750 shares
7) Objects: existing shareholders
8) Number of shares estimated to be issued: 30,801,351 shares
9) Total issue value: VND308,013,510,000
10) Exercise ratio: 50% (The *** who owns 02 shares will receive 01 new share)
11) For example: At the record date, shareholder Nguyen Van A owns 151 shares, the calculation will be: 151*50% = 75.5 shares. Therefore, he will receive 75 new shares.
12) Financial resource: the undistributed profit at December 31, 2013
13) Record date: November 24, 2014
14) Plan to deal with fractional shares: The distributed shares will be rounded to units. The fractional shares will be cancelled.