PPH: Payment of 2025 Stock Dividend
Viet Nam Securities Depository and Clearing Corporation (VSDC) - Hochiminh City Branch would like to announce the record date of corporate action processing for the Securities registering institution as follows:
- Execution rate: 20:01 (Shareholders owning 20 shares will receive 1 new share)
- Rounding method and handling of fractional shares: The number of additional shares issued to each shareholder will be rounded down to the nearest whole number according to the rounding-down principle. Any fractional shares (decimal portion) (if any) will be canceled.
Example: On the record date for exercising the rights, shareholder A owns 136 shares. With an exercise ratio of 20:01, the number of shares shareholder A will receive is 136 * 1/20 = 6.8 shares. According to the calculation principle above, shareholder A will receive 6 additional new shares. The decimal portion of 0.8 shares will be canceled.
- 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 must complete the procedures to receive stock dividends at the General Director's Office of Phong Phu Joint Stock Company: 48 Tang Nhon Phu Street, Tang Nhon Phu Ward, Ho Chi Minh City, Vietnam, and present their citizen identification card/identity card.
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.
Phong Phu Corporation and the parties involved in the process of preparing the dossier, documents of corporate action processin are fully responsible before the law for the legality, accuracy, truthfulness and completeness of the dossier; Institutions and individuals participating in the confirmation of records and documents shall be legally responsible within the scope related to such records and documents as prescribed in Clause 1, Article 11a of the Securities Law No. 54/2019/QH14 dated 26/11/2019, supplemented by Clause 4, Article 1 of Law No. 56/2024/QH15 dated 29/11/2024.
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Date update 20/05/2025 - 15:20:31 -
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Date update 21/03/2025 - 14:07:10 -
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Date update 30/05/2024 - 14:54:21 -
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Date update 18/09/2026 - 17:27:13 -
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Date update 18/09/2026 - 17:08:00 -
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