BSI: Payment of 2025 stock Dividend
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:
- Payment rate: 10:1 (shareholder owning 10 shares is entitled to 01 new shares).
- Principle of rounding and principle of handling fractional shares: The number of additional shares issued to each shareholder will be rounded down to the whole number, and any decimal fractions (if any) will be cancelled.
- Example: Shareholder A owns 111 shares on the record date for exercising the rights. With an exercise ratio of 10:1, shareholder A is entitled to receive 111/10*1 = 11.1 shares. According to the rounding principle mentioned above, shareholder A will receive an additional 11 new shares through the share issuance method to pay dividends. The fractional share of 0.1 will be canceled.
- 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 complete the procedure to receive dividend at Headquarters of the company (Customer Service Department - 8th Floor, LPB Tower, 210 Tran Quang Khai Street, Hoan Kiem Ward, Hanoi). When receiving dividends, shareholders must present/provide the following documents:
• Individual shareholders: Citizen ID/Passport; Notarized copy of the Power of Attorney (in case the individual shareholder authorizes another person to come to BSC to conduct the transaction).
• Organizational shareholders: Letter of introduction and Citizen ID/Passport of the person conducting the transaction (in case the organization sends a person to BSC with the documents to conduct the transaction).
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
BIDV Securities 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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Date update 03/07/2026 - 17:19:12 -
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