Announcement of issuing shares for payment of dividends

Announcement of issuing shares for payment of dividends

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Announcement of issuing shares for payment of dividends

29/07/2015

  

          SAIGON SECURITIES INC.

                           SOCIAL REPUBLIC OF VIETNAM

                                 Independence – Freedom – Happiness

                 ______________

                           _____________________________________

          Ref: 1141/2015/CV-SSIHO

                                     Ho Chi Minh City, July 29, 2015

 

ANNOUNCEMENT OF ISSUING SHARES FOR PAYMENT OF DIVIDENDS

I.Introduction to Issuer:

1.Name of Issuer: SAIGON SECURITIES INC.

2.Trading name: SAIGON SECURITIES INC.

3.Head office: 72 Nguyen Hue Blvd., Ben Nghe Ward, District 1, Ho Chi Minh City

Tel: 08-38242897Fax: 08-38242997

4.Ticker: SSI

5.Charter capital: VND4,273,327,990,000

Place of opening account: Saigon Securities Inc.Account No.: 003P888888

6.Legal basis of business operations:

Operation License No. 03/GPHDKD issued by the State Securities Commission on 05/04/2000 and latest amended by License No. 24/GPDC-UBCK dated 18/05/2015

Main business: Securities brokerage, Securities self-trading, Portfolio management, Underwriting issuance of securities

Main services: Securities brokerage, Securities investment consultancy, Securities depository, Underwriting issuance of securities

Total capital for business: VND8,914,435,465,737 (Source: Total liabilities and owner’s equity on audited consolidated financial statement as at 31/12/2014)

II.The purpose of shares issuance: issuing shares for payment of year 2014 dividends under the Resolution No. 01/2015/NQ-DHDCD dated 23/04/2015 of the General Shareholders’ Meeting of Saigon Securities Inc.

III.The plan of issuing shares for payment of year 2014 dividends:

1.Name of share: share of Saigon Securities Inc.

2.Type of share: ordinary share

3.Par value: VND10,000

4.Total number of issued shares: 427,332,799 shares

5.Number of outstanding shares: 427,326,507 shares

6.Number of treasury shares: 6,292 shares

7.Total number of shares expected to issue: 42,732,650 shares (exclude 6,292 treasury shares that are not entitled)

8.Total amount at par value of shares expected to issue: VND427,326,500,000

9.Ratio of shares issuance: 10% (10:1)

10.Source: undistributed profit after tax, which is owned and held the right to use by shareholders of parent company on audited consolidated financial statement as at 31/12/2014

11.The record date: 18/8/2015

12.Treatment of fractional shares: the number of shares to be received by each shareholder shall be rounded down to the nearestinteger number of shares, fractional shares (if any) will be omitted in accordance with the ResolutionNo. 01/2015/NQ-ĐHDCD on April 23, 2015 of the General Shareholders’ Meeting of Saigon Securities Inc.

For example: on the record date to receive dividends, shareholder Nguyen Van A owns 19 shares; the number of shares to be received by shareholder Nguyen Van A shall be calculated upon the dividend payout ratio as follow 19 x = 1.9. After rounding down, shareholder Nguyen Van A shall receive 01 share and 0.9 fractional shares will be omitted. 

                                                                                                                          THE CHAIRMAN

                                                                                                                        (Signed and sealed)

                                                                                                                        Nguyen Duy Hung

 

SSI