Vietnam Securities Depository and Clearing Corporation News

XVC: Cancellation of Securities Registration

Date update 08/11/2021 - 16:18:02

Vietnam Securities Depository (VSD) would like to announce securities registration cancellation of the issuer as follows:

Securities name:

Share of Can Tho Telecommunication Construction And Investment Joint Stock Company

Securities code:

XVC

ISIN:

VN000000XVC8

Par value:

10,000 VND

Quantity of registration-cancelled securities:

500,000 Securites

Value of registration-cancelled securities:

5,000,000,000 VND

Reason:

Can Tho Telecommunication Construction And Investment Joint Stock Company, a state enterprise that was equitized in 2004, fails to meet conditions of a public company and requests to cancel Securities registration because it is not subject to registration for securities in accordance with the provisions of Circular No. 32/2021/TT-BTC dated 17th May 2021 of the Ministry of Finance.

Valid date:

18/11/2021

- On 12th November 2021, VSD shall fix the list of XVC share owners to cancel registration.
Members are requested to cooperate with VSD to implement the following tasks:
- From 11th November 2021, VSD will not accept lodging, withdrawal and ownership transfer of XVC shares. DMs are kindly request to inform investors accordingly.
- On 15th November 2021, VSD will create and send the list of XVC deposited share owners (report code CA001) to DMs in the electronic form.
Depository members (DMs) are requested to compare share 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 10.30 am, 16th November 2021
If DMs do not send confirmation document by the above deadline, VSD will consider the list provided to DMs by VSD accurate and confirmed for VSD to send the list of shareholders to issuer. In case of arising disputes and losses to shareholders, DMs will have to bear all the related responsibilities.
- From 18th November 2021, the share code of XVC, ISIN VN000000XVC8 issued by VSD will become invalid and VSD will not accept registration, depository, clearing and settlement of XVC shares. VSD will automatically withdraw all deposited XVC shares on the valid date of registration cancellation. Members are requested to withdraw XVC shares from investors' accounts on 18th November 2021 and inform relevant investors to contact the Issuer to make procedures of issuing Passbook/Certificate of share ownership.
This notice is for Members' information and necessary actions.

Issuer's news