Vietnam Securities Depository and Clearing Corporation News

MCI: Cancellation of Securities Registration

Date update 24/08/2023 - 14:07:42

Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the securities registration cancellation of the issuer as follows:

Securities name:

Shares of IDICO Material Development and Construction Investment Joint Stock Company

Securities code:

MCI

ISIN:

VN000000MCI8

Par value:

10,000 VND

Quantity of registration-cancelled securities:

3,500,000 Securites

Value of registration-cancelled securities:

35,000,000,000 VND

Reason:

IDICO Material development and construction investment Joint Stock Company cancelled the status of a public company

Valid date:

07/09/2023

- On 30th August 2023, VSDC shall fix the list of MCI share owners to cancel registration.
Members are requested to cooperate with VSDC to implement the following tasks:
- From 29th August 2023, VSDC will not accept lodging, withdrawal and ownership transfer of MCI shares. DMs are kindly request to inform investors accordingly.
- On 31st August 2023, VSDC will generate and send the list of TDI 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 VSDC 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 VSDC’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, VSDC's members are requested to send written notice on details of errors for necessary correction.
Deadline for sending confirmation: by 11.30 am, 5th September 2023
If DMs do not send confirmation document by the above deadline, VSDC will consider the list provided to DMs by VSDC accurate and confirmed for VSDC 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 7th September 2023, the share code of MCI, ISIN VN000000MCI8 issued by VSDC will become invalid and VSDC will not accept registration, depository, clearing and settlement of MCI shares. VSDC will automatically withdraw all deposited MCI shares on the valid date of registration cancellation. Members are requested to withdraw MCI shares from investors' accounts on 7th September 2023 and inform relevant investors to contact the issuer for issuing passbooks/certificate of share ownership.
This notification is for Members' information and action.