Vietnam Securities Depository and Clearing Corporation News

BUD: Cancellation of Securities Registration

Date update 23/11/2023 - 15:22:39

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

Securities name:

shares of Ba Ria - Vung Tau Urban Seweraga And Development Limited Company

Securities code:

BUD

ISIN:

VN000000BUD4

Par value:

10,000 VND

Quantity of registration-cancelled securities:

10,000,000 Securites

Value of registration-cancelled securities:

100,000,000,000 VND

Reason:

Vietnam Science And Technology Joint Stock Company, an equitized enterprise, not a public company cancelled trading registration and request for securities registration cancellation at VSDC

Valid date:

05/12/2023

- On 29/11/2023, VSDC confirms the list of BUD share owners to cancel registration.
Members are requested to cooperate with VSDC to implement the following tasks:
- From 28/11/2023, VSDC will not accept lodging, withdrawal and ownership transfer of BUD shares. DMs are kindly request to inform investors accordingly.
- On 30/11/2023, VSDC will create and send the list of BUD 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, VSD's members are requested to send written notice on details of errors for necessary correction.
Deadline for sending confirmation: by 11.30 am, 01/12/2023
If DMs do not send confirmation document by the above deadline, VSDC will consider the list provided to DMs by VSD 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 05/12/2023, the share code of BUD, ISIN VN000000BUD4 issued by VSDC will become invalid and VSDC will not accept registration, depository, clearing and settlement of BUD shares. VSDC will automatically withdraw all deposited BUD shares on the valid date of registration cancellation. Members are requested to withdraw BUD shares from investors' accounts on 05/12/2023 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.