Phu Tai Joint Stock Company announced the information on a stock issuance to pay dividends:
Stock name: Stock ofPhu Tai Joint Stock Company
Stock type: common share
Par value: VND10,000/share
Total issued volume: 32,399,748 shares
Outstanding volume: 32,399,748 shares
Treasury volume: 0 shares
Expected issue volume: 16,199,874 shares
Total issue value (based on par value): VND161,998,740,000.
Issue ratio (Expected issue volume/ Outstanding volume): 50% stock dividend (Those who own 10 shares will receive 05 new shares) and 10% cash dividend.
Financial resource: the undistributed after-tax profit in 2017.
Time of implementation: in Quarter III/2018
Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.