SMC: Record date for dividend payment and shareholders’ ballot | ||
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Listed firm: SMC Investment - Trading Joint Stock Company Stock symbol : SMC Stock type : common stock Par value : VND10,000 Ex-right date : January 15th, 2008 Record date : January 17th, 2008 Purpose : 1/ Dividend payment in stock for 2007 Issuing volume : 999,481 shares Apportion ratio : 1:1 Exercise ratio : 10%/ par value (or 10:1) The number of shares will be round in tens and the remaining shares after being rounded will be bought back at VND10,000 per share. For example: At the record date, shareholder Nguyen Van A currently owns 1,150 shares, the calculation as follows: The number of shares distributed in theory: 1,150 shares x 10% = 115 shares The number of shares distributed in practical: 110 shares The number of shares bought back by the company: 5 shares x VND10,000 = VND50,000 Trading date: estimated on February 20th, 2008 Shareholders who are not allowed to transfer their existing shares can still receive dividend-shares and those shares are transferable. 2/ Shareholders’ ballot The company will obtain approval for listing the additional shares from the shareholders in the list on January 17th, 2008. Time for ballot: from 01/25/2008 to 02/12/2008 Place of payment: Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited. Shareholders whose shares have not been deposited: at SMC’s head office: 124 Ung Van Khiem St., Ward 25, Binh Thanh Dist., Hochiminh City. VSE |
Thursday, January 10, 2008
SMC: Record date for dividend payment and shareholders’ ballot
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