Vietnam Securities Depository and Clearing Corporation News

AGG: Payment of 2020 Stock Dividend and Right Issue for Existing Shareholders

Date update 14/01/2022 - 14:37:03

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

Issuser's name:

An Gia Real Estate Investment and Development Corporation

Securities name:

Share of An Gia Real Estate Investment and Development Corporation

Securities code:

AGG

ISIN:

VN000000AGG8

Par value:

10,000 VND

Trading Platform:

HOSE

Securities type:

Common share

Record date:

26/01/2022

Reason:

Payment of 2020 Stock Dividend and Right Issue for Existing Shareholders

a. Payment of 2020 Stock Dividend
- Execution rate: 100:10 (shareholders are entitled to receive 10 new shares for every 100 shares they own)
- Principle of rounding and handling fractional shares: The number of shares to existing shareholders will be rounded down to the unit, the fractional shares (if any) will be removed.
For example, on the record date, shareholder A owns 101 shares, he shall be entitled to 10.1 shares ((101:100) x 10 = 10.1). According to the rounding principle, shareholder A will receive 10 new shares and the 0.1 fractional shares will be removed
- Payment place:
+ The holders whose shares have been deposited will receive dividend at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will receive dividend at An Gia Real Estate Investment and Development Corporation, 30 Nguyen Thi Dieu, Vo Thi Sau ward, district 3, Hochiminh city. ID cards have to be presented.
b. Right issue for existing shareholders
- Right code: MIRAGG221
- ISIN code: VNMIRAGG2213
(Effective date of code allocation: 9th January 2022; effective date of code cancellation: 15th March 2022)
- Planned quantity of issued shares: 20,687,645 shares
- Issue price: 10,000 VND/share
- Execution rate: 04:01
+ Right allocation: 1:1 (shareholders are entitled to 1 right for each share that they own)
+ Execution: 40:01 (to buy 1 new share for every 4 rights)
- Principle of rounding, handling fractional shares and unsubscribed shares:
+ Principle of rounding, handling fractional shares:
Principle of rounding: the number of shares received will be rounded down to the unit.
Example: On the record date, shareholder A who owns 101 shares is entitled to buy 25.5 shares ((101:4) x 1 = 25.25). According to the principle of rounding and handling fractional shares, shareholder A will be entitled to buy 25 new shares, the 0.25 fractional shares will be rounded down to 0.
Principle of handling fractional shares (if any): Assigning the Board of Directors to decide parties and offering price on the principle of not being more favorable than that offered to existing shareholders. The handling of fractional shares must comply with the provisions of Article 42 of Decree 155/2020/ND-CP dated 31st December 2020 detailing the implementation of a number of articles of the Law on Securities.
Principle of handling unsubscribed shares (if any):
Continuing to offer to existing shareholders or employees of the Company who wish to register to buy or choose to sell to other investors at a selling price not lower than that offered to existing shareholders;
The remaining shares that have not been fully distributed to existing shareholders when offered to other parties under this plan will be restricted from being transferred for a period of one year from the date of completion of offering in accordance with prevailing laws.
In case of expiration of the time limit for distribution of shares as prescribed by law (including extension if any), if there are still undistributed shares, these shares will be cancelled and the Board of Directors decided to close the offering;
Considering to choose and adjust investment and capital use plan to ensure that the principle does not affect capital sources as well as regular production and business of the Company;
• Considering the option of borrowing working capital from the bank
- Regulations on rights transfer:
+ Time period for right transfer: from 9th February 2022 to 8th March 2022
+ Existing shareholders can only transfer the right once to other parties (not transferable to a third party) within the time limit for right transfer.
- Regulations on subscription:
+ Time period for subscription and payment: from 9th February 2022 to 10th March 2022
+ 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 An Gia Real Estate Investment and Development Corporation, 30 Nguyen Thi Dieu, Vo Thi Sau ward, district 3, Hochiminh city and make subscription payment to the blockade.
- Information on blockade account for subscription:
+ Account holder: An Gia Real Estate Investment and Development Corporation
+ Account number: 769979999
+ Account opening place: VPBank – Head office
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, 28th 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 An Gia Real Estate Investment and Development Corporation
- Record date: 26th January 2022
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: 28th January 2022
- Time period for right transfer: from 9th February 2022 to 8th March 2022
- Time period for subscription and payment: from 9th February 2022 to 10th March 2022
- Deadline for members' submission of subscription list and making relevant payment to VSD: 14th March 2022
- Account for cash transferring:
+ Account number: 119.10.00.007873.7
+ Account name: Vietnam Securities Depository – Hochiminh Branch
+ At the bank: Bank for Investment and Development of Vietnam – Nam Ky Khoi Nghia Branch.

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