SSB: Right issue
Date update 10/01/2022 - 15:40:06
Vietnam Securities Depository (VSD) would like to announce the record date as follows:
Issuser's name:
Southeast Asia Commercial Joint Stock Bank
Securities name:
Shares of Southeast Asia Commercial Joint Stock Bank
Securities code:
SSB
ISIN:
VN000000SSB6
Par value:
10,000 VND
Trading Platform:
HOSE
Securities type:
Common shares
Record date:
18/01/2022
Reason:
Right issue
- Right code: MIRSSB221
- ISIN code: VNMIRSSB2214
(Effective date of code allocation: 26th January 2022; effective date of code cancellation: 3rd March 2022)
- Planned quantity of issued shares: 181,311,631 shares
- Issue price: 15,000 VND/share
- Execution rate: 100:12,2633 (shareholders are entitled to 100 rights for 100 shares that they own and to buy 12.2633 new shares for 100 rights)
- Principle of rounding, handling fractional and unscribed shares (if any):
+ Principle of rounding: rounding down to the unit
+ Principle of handling fractional shares: Deducting the Bonus and Welfare Fund (used to buy shares according to the decision of the General Meeting or/and the Board of Directors) to assign to Seabank Headquarter Trade Union at the price equal to that offered to existing shareholders. These shares are not subject to transfer restrictions;
+ Principle of handling unsubscribed shares: The General Meeting has authorized the Board of Directors to decide on the parties, offering price/conditions on the principle of not being more favorable than that offered to existing shareholders. These shares are subject to transfer restriction within 1 year from the date of offering completion.
The handling of unsold shares has to be complied with the provisions of Article 42 of Decree No. 155/2020/ND-CP dated 31st December 2020, and ensure other conditions as prescribed in Clause 2, Article 195 of the Enterprise Law, Article 55 Law No. 47/2010/QH12 Law on Credit Institutions and other relevant provisions of current law.
Criteria for selecting Investors to distribute unsold shares are as follows: (i) being a professional investor; (ii) having sufficient financial capacity; (iii) giving priority to investors who are existing shareholders of SeABank on the record date to exercise the right issue; (iv) giving priority to investors who have contributed to SeABank in the process of operation, administration and management;
The Board of Directors has assigned the Chairman of the Board of Directors or the Standing Vice Chairman of the Board of Directors to decide: (i) the offering price and the list of investors being entitled to buy unsold shares according to the above criteria; (ii) adjusting the investor selection criteria in accordance with the actual implementation if deemed necessary.
Example: On the record date, shareholder A who owns 100 shares is entitled to buy 12.2633 shares (100*12.2633%=12.2633). According to the principle of rounding and handling fractional shares, shareholder A will be entitled to buy 12 new shares, the 0.2633 (up to 4 demical places after the comma) fractional shares will be distributed to the Seabank Headquarter Trade Union.
- Regulations on rights transfer:
+ Time period for right transfer: from 26th January 2022 to 22nd February 2022
+ A shareholder named in the list of shareholders on the date of finalizing the list has the right to transfer his or her right to another person within the specified time period and can only transfer once (the transferee cannot transfer the right the third party).
- Regulations on subscription:
+ Time period for subscription and payment: from 26th January 2022 to 28th February 2022
+ Subscribed shares, fractional shares distributed to the Union are freely transferable shares. The unsubscribed shares (if any) are subject to transfer restriction within 1 year from the date of offering completion.
- 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 Asean Securities Joint Stock Company (authorized organization) on working days and make subscription payment to blockade account.
- Information on blockade account for subscription:
+ Account holder: Asean Securities Joint Stock Company
+ Account number: 0681000001347
+ Account opening place: Vietcombank – Transaction office Branch
Schedule for DMs to process right issue with VSD branch 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 10.30 AM, 20th January 2022
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: Shares of Asean Securities Joint Stock Company
- Record date: 18th January 2022
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: by 10:30 am on 20th January 2022
- Time period for right transfer: from 26th January 2022 to 28th February 2022
- Time period for subscription and payment: from 26th January 2022 to 22nd February 2022
- Deadline for members' submission of subscription list and making relevant payment to VSD: 2nd March 2022
- 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.
- ISIN code: VNMIRSSB2214
(Effective date of code allocation: 26th January 2022; effective date of code cancellation: 3rd March 2022)
- Planned quantity of issued shares: 181,311,631 shares
- Issue price: 15,000 VND/share
- Execution rate: 100:12,2633 (shareholders are entitled to 100 rights for 100 shares that they own and to buy 12.2633 new shares for 100 rights)
- Principle of rounding, handling fractional and unscribed shares (if any):
+ Principle of rounding: rounding down to the unit
+ Principle of handling fractional shares: Deducting the Bonus and Welfare Fund (used to buy shares according to the decision of the General Meeting or/and the Board of Directors) to assign to Seabank Headquarter Trade Union at the price equal to that offered to existing shareholders. These shares are not subject to transfer restrictions;
+ Principle of handling unsubscribed shares: The General Meeting has authorized the Board of Directors to decide on the parties, offering price/conditions on the principle of not being more favorable than that offered to existing shareholders. These shares are subject to transfer restriction within 1 year from the date of offering completion.
The handling of unsold shares has to be complied with the provisions of Article 42 of Decree No. 155/2020/ND-CP dated 31st December 2020, and ensure other conditions as prescribed in Clause 2, Article 195 of the Enterprise Law, Article 55 Law No. 47/2010/QH12 Law on Credit Institutions and other relevant provisions of current law.
Criteria for selecting Investors to distribute unsold shares are as follows: (i) being a professional investor; (ii) having sufficient financial capacity; (iii) giving priority to investors who are existing shareholders of SeABank on the record date to exercise the right issue; (iv) giving priority to investors who have contributed to SeABank in the process of operation, administration and management;
The Board of Directors has assigned the Chairman of the Board of Directors or the Standing Vice Chairman of the Board of Directors to decide: (i) the offering price and the list of investors being entitled to buy unsold shares according to the above criteria; (ii) adjusting the investor selection criteria in accordance with the actual implementation if deemed necessary.
Example: On the record date, shareholder A who owns 100 shares is entitled to buy 12.2633 shares (100*12.2633%=12.2633). According to the principle of rounding and handling fractional shares, shareholder A will be entitled to buy 12 new shares, the 0.2633 (up to 4 demical places after the comma) fractional shares will be distributed to the Seabank Headquarter Trade Union.
- Regulations on rights transfer:
+ Time period for right transfer: from 26th January 2022 to 22nd February 2022
+ A shareholder named in the list of shareholders on the date of finalizing the list has the right to transfer his or her right to another person within the specified time period and can only transfer once (the transferee cannot transfer the right the third party).
- Regulations on subscription:
+ Time period for subscription and payment: from 26th January 2022 to 28th February 2022
+ Subscribed shares, fractional shares distributed to the Union are freely transferable shares. The unsubscribed shares (if any) are subject to transfer restriction within 1 year from the date of offering completion.
- 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 Asean Securities Joint Stock Company (authorized organization) on working days and make subscription payment to blockade account.
- Information on blockade account for subscription:
+ Account holder: Asean Securities Joint Stock Company
+ Account number: 0681000001347
+ Account opening place: Vietcombank – Transaction office Branch
Schedule for DMs to process right issue with VSD branch 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 10.30 AM, 20th January 2022
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: Shares of Asean Securities Joint Stock Company
- Record date: 18th January 2022
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: by 10:30 am on 20th January 2022
- Time period for right transfer: from 26th January 2022 to 28th February 2022
- Time period for subscription and payment: from 26th January 2022 to 22nd February 2022
- Deadline for members' submission of subscription list and making relevant payment to VSD: 2nd March 2022
- 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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