PJC: Right issue
Date update 06/02/2020 - 16:18:12
Vietnam Securities Depository (VSD) would like to announce the record date as follows:
Issuer's name:
Petrolimex Ha Noi Transportation and Trading Joint Stock Company
Securities name:
Share of Petrolimex Ha Noi Transportation and Trading Joint Stock Company
Securities code:
PJC
ISIN:
VN000000PJC9
Par value:
10,000 VND
Trading Platform:
HNX
Securities type:
Date:
14/02/2020
Reason:
- Reason and purpose: right issue
- Right code: MIRPJC201
- ISIN code: VNMIRPJC2019
(Effective date of code allocation: 19th February 2020; effective date of code cancellation: 12th March 2020)
- Planned quantity of issued shares: 1,465,389 shares
- Issue price: 10,000 VND/share
- Execution rate: 1:0.25 (shareholders are entitled to 1 right for each share that they own and to buy 0.25 new shares for each right).
- Principle of rounding, handling fractional shares and unsubscribed shares (if any):
+ Principle of rounding: the number of shares issued will be rounded down to the unit
Example: shareholder Nguyen Van A who owns 543 shares is entitled to buy 135.75 shares. According to the principle of rounding, shareholder A is entitled to buy 135 new shares
+ Principle of handling unsubscribed shares: the number of undistributed shares to existing shareholders ( shareholders do not exercise rights, fractional shares, shares not offered) will be offered by the Board of Directors to other investors (including existing shareholders wishing to buy more) at the price not lower than that offered to existing shareholders to ensure distribution of all shares. The company is not allowed to distribute those shares to foreign investors to comply with regulation of foreign ownership as stipulated in Circular no.34/2013/TT-BCT dated 24th December 2013 on conditional business lines and Paragraph 2 Article 1 of Decree no.60/2015/NĐ-CP supplementing Article 2a after Article 2 of Decree 58/2012. If the BOD does not distribute all shares, the remaining shares will be removed and the BOD will decide completion of the offering. The fractional shares due to rounding principle and unsubscribed shares are subject to 1-year restriction transfer from the date of completion of the offering.
Regulations on rights transfer:
+ Time period for right transfer: from 19th February 2020 to 6th March 2020
+ Rights are transfered once only
Regulations on subscription:
+ Time period for subscription and payment: from 19th February 2020 to 9th March 2020
+ Subscribed shares are freely transferable.
- Place for implementation:
+ The holders whose shares have been deposited have to make transfer of purchase right, subscription and payment at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will make right transfer, subscription and payment at Petrolimex Ha Noi Transportation and Trading Joint Stock Company on working days and make payment for share subscription to blockade account. ID cards/passports have to be presented.
- Information on blockade account for subscription:
+ Account holder: Petrolimex Ha Noi Transportation and Trading Joint Stock Company
+ Account number: 1037040956068
+ Account opening place: PG Bank - Thang Long Branch
Schedule for DMs to process right issue with VSD is detailed in the attached file
Depository members (DMs) are requested to compare the securities holders’ information in the List generated and sent in the form of Certificate of Authorization by VSD with the information managed by DMs then send Confirmation (Form 03/THQ) in the form of Certificate of Authorization on the accuracy of the list of shareholders (For DMs who have not completed the connection to VSD’s terminal-based gateway/ISO-based gateway or where the connection has been disrupted, the Confirmation with Certificate of Authorization shall be sent to thongbaoxacnhan@vsd.vn). In case of rejection due to data errors, VSD's members are requested to send written notice on details of errors for necessary correction.
Deadline for sending confirmation: by 11.30 AM, 18th February 2020
If DMs do not send confirmation document by the above deadline, VSD will consider the list provided to DMs and direct account holding members by VSD accurate and confirmed. In case of arising disputes and losses to shareholders, DMs will have to bear all the related responsibilities.
DMs are requested to fully inform this notice to each investor who has deposited the above shares at DMs within 3 working days from the date on the notice.
- ISIN code: VNMIRPJC2019
(Effective date of code allocation: 19th February 2020; effective date of code cancellation: 12th March 2020)
- Planned quantity of issued shares: 1,465,389 shares
- Issue price: 10,000 VND/share
- Execution rate: 1:0.25 (shareholders are entitled to 1 right for each share that they own and to buy 0.25 new shares for each right).
- Principle of rounding, handling fractional shares and unsubscribed shares (if any):
+ Principle of rounding: the number of shares issued will be rounded down to the unit
Example: shareholder Nguyen Van A who owns 543 shares is entitled to buy 135.75 shares. According to the principle of rounding, shareholder A is entitled to buy 135 new shares
+ Principle of handling unsubscribed shares: the number of undistributed shares to existing shareholders ( shareholders do not exercise rights, fractional shares, shares not offered) will be offered by the Board of Directors to other investors (including existing shareholders wishing to buy more) at the price not lower than that offered to existing shareholders to ensure distribution of all shares. The company is not allowed to distribute those shares to foreign investors to comply with regulation of foreign ownership as stipulated in Circular no.34/2013/TT-BCT dated 24th December 2013 on conditional business lines and Paragraph 2 Article 1 of Decree no.60/2015/NĐ-CP supplementing Article 2a after Article 2 of Decree 58/2012. If the BOD does not distribute all shares, the remaining shares will be removed and the BOD will decide completion of the offering. The fractional shares due to rounding principle and unsubscribed shares are subject to 1-year restriction transfer from the date of completion of the offering.
Regulations on rights transfer:
+ Time period for right transfer: from 19th February 2020 to 6th March 2020
+ Rights are transfered once only
Regulations on subscription:
+ Time period for subscription and payment: from 19th February 2020 to 9th March 2020
+ Subscribed shares are freely transferable.
- Place for implementation:
+ The holders whose shares have been deposited have to make transfer of purchase right, subscription and payment at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will make right transfer, subscription and payment at Petrolimex Ha Noi Transportation and Trading Joint Stock Company on working days and make payment for share subscription to blockade account. ID cards/passports have to be presented.
- Information on blockade account for subscription:
+ Account holder: Petrolimex Ha Noi Transportation and Trading Joint Stock Company
+ Account number: 1037040956068
+ Account opening place: PG Bank - Thang Long Branch
Schedule for DMs to process right issue with VSD is detailed in the attached file
Depository members (DMs) are requested to compare the securities holders’ information in the List generated and sent in the form of Certificate of Authorization by VSD with the information managed by DMs then send Confirmation (Form 03/THQ) in the form of Certificate of Authorization on the accuracy of the list of shareholders (For DMs who have not completed the connection to VSD’s terminal-based gateway/ISO-based gateway or where the connection has been disrupted, the Confirmation with Certificate of Authorization shall be sent to thongbaoxacnhan@vsd.vn). In case of rejection due to data errors, VSD's members are requested to send written notice on details of errors for necessary correction.
Deadline for sending confirmation: by 11.30 AM, 18th February 2020
If DMs do not send confirmation document by the above deadline, VSD will consider the list provided to DMs and direct account holding members by VSD accurate and confirmed. In case of arising disputes and losses to shareholders, DMs will have to bear all the related responsibilities.
DMs are requested to fully inform this notice to each investor who has deposited the above shares at DMs within 3 working days from the date on the notice.
SCHEDULE FOR EXECUTION OF RIGHT ISSUE
- Security name: share of Petrolimex Ha Noi Transportation and Trading Joint Stock Company
- Record date: 14th February 2020
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: by 11.30 am on18th February 2020
- Time period for right transfer: from 19th February 2020 to 6th March 2020
- Time period for subscription and payment: from 19th February 2020 to 9th March 2020
- Deadline for members' submission of subscription list and making relevant payment to VSD: 11th March 2020
- Account for cash transferring:
+ Account number: 122.10.00.0173177
+ Account name: Vietnam Securities Depository
+ At the bank: Bank for Investment and Development of Vietnam - Ha Thanh Branch.
- Security name: share of Petrolimex Ha Noi Transportation and Trading Joint Stock Company
- Record date: 14th February 2020
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: by 11.30 am on18th February 2020
- Time period for right transfer: from 19th February 2020 to 6th March 2020
- Time period for subscription and payment: from 19th February 2020 to 9th March 2020
- Deadline for members' submission of subscription list and making relevant payment to VSD: 11th March 2020
- Account for cash transferring:
+ Account number: 122.10.00.0173177
+ Account name: Vietnam Securities Depository
+ At the bank: Bank for Investment and Development of Vietnam - Ha Thanh Branch.
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