HVH: Payment of 2025 Stock Dividend; Postal ballot
Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the record date of corporate action processing for the Securities registering institution as follows:
a. Payment of 2024 Stock Dividend
- Execution rate: 10:1 (shareholders are entitled to 1 new share for every 10 shares they own)
- Principle of rounding and handling fractional shares (if any): the number of shares additionally issued to existing shareholders will be rounded down to the whole number, the decimal fractional shares (if any) will be removed.
Example: On the record date, shareholder A who owns 2,026 shares are entitled to receive (2,026/10)*1= 202.6 shares. According to the rounding principle, shareholder A will receive 202 shares, the 0.6 fractional shares will be removed.
Payment place:
+ The holders whose shares have been deposited will receive dividend at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will receive dividend at HVC Investment and Technology Joint Stock Company, level 8, Tower C, Ho Guom Plaza, 102 Tran Phu, Ha Dong ward, Hanoi. ID cards have to be presented.
b. Postal ballot
- Execution rate: 1 share - 1 voting right
- Execution time: to be announced in the postal ballot
- Execution venue: HVC Investment and Technology Joint Stock Company, level 8, Tower C, Ho Guom Plaza, 102 Tran Phu, Ha Dong ward, Hanoi
- Content: revising some contents related to issuance of bonus shares to employees and other issues within the authority of the General Meeting (if any)
Coordination details and procedures for corporate action processing for holders of the above securities between VSDC, the Securities registering institution and depository members are specified in the Guideline on corporate action processing for securities holders at VSDC.
HVC Investment and Technology Joint Stock Company and the parties involved in the process of preparing the dossier, documents of corporate action processing are fully responsible before the law for the legality, accuracy, truthfulness and completeness of the dossier; Institutions and individuals participating in the confirmation of records and documents shall be legally responsible within the scope related to such records and documents as prescribed in Clause 1, Article 11a of the Securities Law No. 54/2019/QH14 dated 26/11/2019, supplemented by Clause 4, Article 1 of Law No. 56/2024/QH15 dated 29/11/2024.
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