Housing developer closes shareholders list for paying dividend

Hochiminh Stock Exchange (STC) has released announcement about the registration deadline to close the shareholders list for paying 2010 dividend in shares of Ba Ria-Vung Tau Housing Development Joint Stock Co.

In details, the company set May 16 as the ex-dividend session and May 18 of registration deadline.

In case of negotiation transaction with volume of over 100,000 shares on May 16 and 17, the sellers will not get the warrants for receiving paid dividend.

HDC planned to issue additional 3,899,902 shares for paying 2010 dividend in shares at ratio of 20 percent or each shareholder who owns 100 shares will receive 20 new shares.

The warrants cannot be transferred. Those shareholders who own transfer-limited shares still receive paid dividend in shares. These additional shares can be transferred freely after being listed on the stock market.

 

Category: Stocks