Dividend and pay-out for OVR-VICC token holders

Dividend


Total dividend payout amount depends on monthly VICC rental.



For Example


VICC has a total of RM 10,000 in rental proceeds for the month of January. The total proceeds will be divided equally to the token holders every month.


Mr. A holds 100 tokens. So, he will be entitled a dividend of RM 1,000 (RM 10,000 / 1000) x 100 tokens

Mr. B holds 500 tokens. So, he will be entitled a dividend of RM 5,000 (RM 10,000 / 1000) x 500 tokens

Mr. C holds 10 tokens. So, he will be entitled a dividend of RM 100 (RM 10,000 / 1000) x 10 tokens


Pay-out

Dividend will be calculated at the beginning of each month. Token holders will receive their dividend within 10 working days from the 1st of each month. Dividend will be in fiat currency, which is Ringgit Malaysia.