The Ho Chi Minh City Stock Exchange announces the record date for dividend payment in stock and cash of Viettronics Tan Binh Joint Stock Company.
* Name of the listed firm: Viettronics Tan Binh Joint Stock Company
* Stock symbol: VTB
* Stock type: Common stock
* Par value: VND10,000
* Ex-right date: April 8, 2008
* Record date: April 10, 2008
* Purpose: Pay dividend for the first time 2007 in stock and in cash
o Dividend payment in stock
+ Exercise ratio: 100:8 (shareholder, who has 100 shares on the record date will receive 8 new shares). The number of additionally issued shares to existing shareholders will be rounded in unit. The fractional parts will be paid VND10,000 per share.
+ Rights to receive dividend in stock are non-transferable
+ The shares issued for the dividend payment are transferable
+ Expected trading date: May 19, 2008
o Dividend payment in cash
+ Payout ratio: 10% (VND1,000 per share)
+ Payment date: May 19, 2008
The Vietnam Securities Depository – HCM City will temporarily suspend the custody for VTB shares on April 9, 10 and 11, 2008. (HOSE)
Mar 29, 2008
Viettronics Tan Binh: Record Date on Dividend Payment for 2007
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