ACB: Record date for 2021 dividend payment

ACB: Record date for 2021 dividend payment

On May 25, 2022, the Hochiminh Stock Exchange issued an Announcement No.1043/TB-SGDHCM about the record date of Asia Commercial Joint Stock Bank as follows:

-          Ex-right date: June 02, 2022

-          Record date: June 03, 2022

1. Reason & Purpose: to pay stock dividend for 2021.

-           Content:

-          Expected issue volume: 675,487,019 shares

-          Exercise ratio: 100:25 (Those who own 100 shares will receive 25 new shares.)

-          Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be transferred to Trade Union of Asia Commercial Joint Stock Bank.

-          For example: at the record date, shareholder A owns 95 shares. With 25% exercise ratio, the shareholder A will receive: 95 *25/100 = 23.75 shares. According to rounding policy, the shareholder A will receive 23 new shares and the fractional shares of 0.75 share will be transferred to Trade Union of Asia Commercial Joint Stock Bank.

-          Place of implementation:

            + For deposited securities: Shareholder will implement procedures to receive dividend at the securities company where shareholders opened securities depository account.

            + For undeposited securities: Shareholder will receive dividend at ACB’ head office on working days. Please present shareholder’s identity card/citizen identity card and Share ownership certificate when receiving dividend at the Head office.

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