Agriculture Printing and Packaging JSC announces 2024 stock dividend issuance

Agriculture Printing and Packaging JSC has approved a plan to issue 9,000,000 new common shares as a dividend payment for 2024 to existing shareholders. This issuance, valued at 90,000,000,000 Vietnamese dong at par, will be funded by the undistributed profit after tax as of December 31, 2024, as per the company's audited consolidated financial statements. The distribution will occur at an issuance ratio of 50.0%, meaning that for every two dividend rights, a shareholder will receive one newly issued share.

The share issuance is expected to take place in Q3–Q4 2025, following notification from the State Securities Commission of Vietnam regarding the company's reporting documents. All existing shareholders recorded on the rights exercise date will be eligible. Fractional shares resulting from rounding down will be allocated to the Trade Union of Agriculture Printing and Packaging JSC, without requiring any payment. For example, a shareholder owning 353 shares would receive 176 new shares, with the remaining 0.5 fractional share going to the Trade Union.

The newly issued shares will be centrally registered and deposited at VSDC, and subsequently listed on the Hanoi Stock Exchange (HNX) in accordance with regulatory requirements. The rights to receive these stock dividends are non-transferable. This resolution is effective from the date of signing, with the board of directors, board of supervisors, management, and relevant units responsible for its implementation.