VNStockNews.com - Vietnam Securities Depository Centre (VSD) announced about Quang Nam Minerals and Technology Joint Stock Co (coded MIC)'s plan to pay 2010 dividend in cash and in shares. Details are as follows:
The company will advance first round dividend in cash at applied ratio of 15 percent or 1,500 dong per share from January 24, 2010. MIC announced that January 12 would be registration deadline to close the shareholders' list while January 10 of ex-dividend session.
For the second round, the company will pay dividend in shares at ratio of 17 percent. Each shareholder who owns one share will get one warrant, every 100 warrants for 17 new shares.
In addition, the company will offer additional 2,498,527 shares for existing shareholders under ratio of 1:1 at offered price of 15,000 dong per share. Each shareholder who owns one share will have one buying warrant, every buying warrant for one new share.
The buying warrants can be transferred within the period from January 19 to March 4, 2011.
The shareholders can register and make deposit for buying new shares from January 19 to March 8, 2011.
