VC3: Payment of 2024 Stock Dividend
Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the record date of corporate action processing for the Securities registering institution as follows:
- Execution rate: 9% (Shareholders are entitled to 9 new shares for every 100 shares they own)
- Principle of rounding and handling fractional shares (if any): the number of additional issuance shares for 2024 dividend payment to shareholders will be rounded down to the whole number, the decimal fractional shares (if any) will be removed.
- Example: on the record date, shareholder A who owns 234 shares is entitled to receive (234 x 9/100) = 21.06 shares. According to the principle of rounding, A will receive 21 shares and 0.6 fractional shares will be removed.
- Payment place:
+ The holders whose shares have been deposited will receive dividend at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will receive dividend at Nam Mekong Group Joint Stock Company, level 11, Geleximco building, no. 36 Hoang Cau, O Cho Dua ward, Dong Da district, Hanoi. Passbooks, ID cards/passports and Power of Attorney (if any) have to be presented
Coordination details and procedures for corporate action processing for holders of the above securities between VSDC, the Securities registering institution and depository members are specified in the Guideline on corporate action processing for securities holders at VSDC.
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