PDV: Right issue
Vietnam Securities Depository and Clearing Corporation (VSDC) - Hochiminh Branch would like to announce the record date as follows:
- Right code: MIRPDV231
- ISIN code: VNMIRPDV2319
(Effective date of code allocation: 15th September 2023; effective date of code cancellation: 11th October 2023)
- Planned quantity of issued shares: 11,977,345 shares
- Issue price: 10,000 VND
- Execution rate: 1,000:385 (shareholders are entitled to 1 right for each share that they own and to buy 385 new shares for every 1,000 rights).
- Principle of rounding, handling fractional shares and unsubscribed shares:
+ The number of shares issued to existing shareholders will be rounded to the whole number. Those shares are not subject to transfer restriction. Shareholders subject to transfer restriction are entitled to rights. Those shares are not subject to transfer restriction.
+ The fractional shares and remaining shares will be decided by the Board of Directors (BOD) to distribute to parties to bring the most benefits to the Company. Offering price of fractional shares and remaining shares are not lower than 10,000 VND/share. Those shares are subject to transfer restriction within 1 year from the date of offering completion.
+ The Company commits to handling fractional shares, remaining shares in accordance with Article 42 Decree no.155/2020/NĐ-CP dated 31st December 2020 stipulating implementation of a number of Securities Law.
+The Company commits not to distribute shares to Subsidiaries, Subsidiaries in the same Parent Company ensure compliance with Clause 2, Article 195, 2020 Enterprise Law No: 59/2020/QH14: “Subsidiaries are not allowed to invest in buying shares or contribute capital to the parent company; subsidiaries of the same parent company are not allowed to concurrently contribute capital or purchase shares for cross-ownership”;
+ In case a shareholder or investor (including BOD member) buys shares distributed according to this offering plan that leads to ownership of the total number of voting shares exceeding the required rate, then he/she is responsible for carrying out the procedures for tender offer in accordance with law. The Company will comply with the provisions of the law.
Example: on record date, shareholder Nguyen Van A who owns 100 shares is entitled to 38.5 shares ((100/1,000)* 385 = 38.5). According to the rounding principle, he/she is entitled to buy 38 shares.
- Regulations on rights transfer:
+ Time period for right transfer: from 15th Sepember 2023 to 3rd October 2023
+ Purchase right can be transferred once only.
- Regulations on subscribed shares:
+ Time period for subscription and payment: from 15th September 2023 to 6th October 2023
+ Subscribed shares are common shares and 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 Phuong Dong Viet Shipping and Logistics Corporation, Level 8, Citilight building, no.45 Vo Thi Sau, Da Kao ward, district 1, Hochiminh city.
- Information on blockade account for subscription:
+ Account holder: Phuong Dong Viet Shipping and Logistics Corporation
+ Account number: 7976777879
+ Account opening place: Vietcombank - Tay Sai Gon Branch
Schedule of processing rights issue by Depository member 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 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 10:30 pm, 13th 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. 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 PDV
- Security name: share of Phuong Dong Viet Shipping and Logistics Corporation
- Record date: 11th September 2023
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: by 10h30, 13th September 2023
- Time period for right transfer: From 15th September 2023 to 3rd October 2023
- Purchase right can be transferred once only.
- Time period for subscription: From 15th September 2023 to 6th October 2023
- Deadline for members' submission of subscription list and making relevant payment to VSDC: 10th October 2023;
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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42,843|6,051
-
6
-
3,185
-
794
-
37
-
9,157,109