ASG: Right Issue
Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the record date as follows:
+ Right code: MIRASG241
+ ISIN code: VNMIRASG2417
(Effective date of code allocation: 05/02/2024; effective date of code cancellation: 01/03/2024)
+ Planned quantity of issued shares: 15,130,778 shares
+ Issue price: 10,000 VND/share
+ Execution rate: 100:20 (shareholders are entitled to 1 right for each share that they own and to buy 20 new shares for 100 rights).
- Principle of rounding, handling fractional shares and unsubscribed shares (if any):
. Principle of rounding, handling fractional shares:
In cases that arise, the Board of Directors will decide on a plan to distribute/offer the undistributed shares (due to existing shareholders not ordering/registering to buy, not paying for the purchase, and odd shares arising). or shares that have not been fully distributed for any other reason) to other investors and/or other existing shareholders, at an offering price not lower than the offering price for existing shareholders to exercise their right to buy. and ensure compliance with relevant laws, including but not limited to compliance with regulations on foreign ownership ratio of the Issuer. These shares will be restricted from transfer for 01 (one) year from the date of completion of the offering.
For example: Existing shareholder A owns 133 shares, shareholder A has purchasing rights to buy new shares (133 x 20) : 100 = 26,6 . Applying the principle of rounding to the nearest unit, shareholder A can actually buy 26 new shares
+ The shares distributed to other parties due to shareholders' refusal to subsribe or non-payment are subject to transfer restriction within 1 year in accordance with clause 2 Article 42, Decree no.155/2020/NĐ-CP dated 31st December 2020 and other provisions of clause 2 Article 195, 2020 Enterprise Law and other prevailing laws.
- In the event of the expiration of the share distribution deadline as prescribed by law (including the extended time (if any)), if there are still undistributed shares, these undistributed shares will be canceled and the Board of Directors issued a decision to end the offering.
- Regulations on rights transfer:
+ Time period for right transfer: from 05/02/2024 to 19/02/2024.
+ Purchase right can be transferred once only (The recipient of the transfer of the right to buy from an existing shareholder is not allowed to transfer the right to buy to another person).
- Regulations on subscription:
+ Time period for subscription and payment: from 05/02/2024 to 27/02/2024.
+ Shares issued for existing shareholders 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 ASG Group Joint Stock Company - Representative office in Hanoi, room 406, 4th floor, Plaschem building, 562 Nguyen Van Cu street, Gia Thuy ward, Long Bien district, Hanoi
- Information on blockade account for subscription:
+ Account holder: ASG Group Joint Stock Company
+ Account number: 8718230429991
+ Account opening place: Military Commercial Joint Stock Bank – Transaction Office Branch 1.
Schedule for DMs to process right issue with VSDC 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, VSD's members are requested to send written notice on details of errors for necessary correction.
Deadline for sending confirmation: by 10.30 am, 29/01/2024.
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 ASG SHARES
- Security name: share of Tien Phong Securities Joint Stock Company
- Record date: 25/01/2024
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: by 10.30am on 29/01/2024
- Time period for right transfer: from 05/02/2024 to 19/02/2024
- Time period for subscription: from 05/02/2024 to 27/02/2024
- Deadline for members' submission of subscription list and making relevant payment to VSDC: 29/02/2024.
- Account for cash transferring:
+ Account number: 1220173177
+ Account name: Viet Nam Securities Depository and Clearing Corporation - Hochiminh Branch
+ At the bank: Bank for Investment and Development of Vietnam – Nam Ky Khoi Nghia Branch.
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43,683|6,150
-
6
-
3,319
-
809
-
37
-
9,686,077