- Execution rate: 100:20 (shareholders are entitled to recieve 20 new shares for every 100 shares they own)
- Principle of rounding and handling fractional shares (if any): The number of shares additionally issued for dividend payment will be rounded down to the whole number. The decimal fractional shares (if any) will be removed.
- Example: On record date, shareholder Nguyen Van A who owns 128 shares are entitled to receive 128 x 20/100 = 25.6 shares. The number of new shares that shareholder A will receive is 25 shares. The fractional shares of 0.6 will be cancelled.
- 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 stock dividend at the Head Office of Petro Vietnam Technical Services Corpoporation, 5th Floor, PetroVietNam Building, 1-5 Le Duan, Saigon Ward, Ho Chi Minh City . ID cards 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.
Petro Vietnam Technical Services Corpoporation and the parties involved in the process of preparing the dossier, documents of corporate action processing 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.