Vietnam Securities Depository and Clearing Corporation News

L18: Right issue

Date update 02/12/2020 - 15:09:04

Vietnam Securities Depository (VSD) would like to announce the record date as follows:

Issuer's name:

Construction And Investment Stock Company No 18

Securities name:

Share of Construction And Investment Stock Company No 18

Securities code:

L18

ISIN:

VN000000L185

Par value:

10,000 VND

Trading Platform:

HNX

Securities type:

Common Stock

Date:

14/12/2020

Reason:

- Reason and purpose: Right issue to existing shareholders

+ Right code: MIRL18201
+ ISIN code: VNMIRL182018
(Effective date of code allocation: 17th December 2020; effective date of code cancellation: 25th January 2021)
+ Planned quantity of issued shares: 22,988,008 shares
+ Issue price: 10,000 VND/share
+ Execution rate: 1:1 (shareholders are entitled to 1 right for each share that they own and to buy 1 new share for each right).

- Principle of rounding, handling fractional shares and unsubscribed shares:
+ the number of shares offered to existing shareholders will be rounded down to the unit.
+ The arising shares due to rounding to the unit and undistributed shares will be removed.
Example: On the record date, shareholder A who owns 115 shares is entitled to buy 115:1=115 shares. Due to execution rate of 1:1, there is no fractional share

- Regulations on rights transfer:
+ Time period for right transfer: from 17th December 2020 to 12th January 2021
+ Right can be transferred once only. The transferee is not allowed to transfer to the third party.
- Regulations on subscription:
+ Time period for subscription and payment: from 17th december 2020 to 20th January 2021
+ 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 the BOD Secretary office, level 3, Construction And Investment Stock Company No 18, no. 471 Nguyen Trai road, Thanh Xuan Nam ward, Thanh Xuan district, Hanoi, tel 024.38540401

- Information on blockade account for subscription:
+ Account holder: Construction And Investment Stock Company No 18
+ Account number: 46112000013253
+ Account opening place: BIDV - Bac Hai Duong 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, 16th December 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 OF SHARES
- Security name: Share of Construction And Investment Stock Company No 18
- Record date: 14th December 2020
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: 11:30 a.m. on 16th December 2020
- Time period for right transfer: from 17th December 2020 to 12th January 2021
- Time period for subscription and payment: from 17th December 2020 to 20th January 2021
- Deadline for members' submission of subscription list and making relevant payment to VSD: 22nd January 2021

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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