RDP: Board approves to pay stock dividends for 2018

RDP: Board approves to pay stock dividends for 2018

RangDong Plastic Joint-Stock Company announced the Board resolution dated August 15, 2019 as follows:

1. The Board approved the stock dividend payment for 2018:

-       Payment ratio: 10%/charter capital

-       Current charter capital: VND339,428,620,000

-       Number of voting shares: 33,942,862 shares

2. The Board approved the plan to issue shares to pay dividends for 2018.

-       Number of outstanding shares: 33,942,862 shares

-       Number of treasury shares: 0 shares

-       Payment ratio: 10%

-       Number of shares expected to issue: 3,394,286 shares

-       Value of shares expected to issue: VND33,942,860,000

-       Exercise ratio: 10:1 (Those who own 10 shares will receive 01 new share)

-       Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.

 

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