ILB: Right issue and Bonus share due to raising share capital from owner's equity
Vietnam Securities Depository and Clearing Corporation (VSDC) - Hochiminh Branch would like to announce the record date as follows:
1. Right issue
- Right code: MIRILB251
- ISIN: VNMIRILB2510
(Effective date of code allocation: 14/03/2025; effective date of code cancellation: 09/04/2025)
- Planned quantity of issued shares: 12,350,000 shares
- Issue price: 20,000 VND/share
- Execution rate: 1000:504 (shareholders are entitled to 1 right for each share that they own and to buy 205 new shares for every 1,000 rights)
- Principle of rounding, handling the fractional shares and unsubscribed shares (if any):
+ Principle of rounding: the number of shares issued to existing shareholders will be rounded down to the whole number.
For example: Shareholder A owns 1,100 shares on the record date to exercise rights. With the exercise ratio of 1,000: 504, shareholder A is entitled to buy more: (1,100 x 504)/1,000 = 554.4 shares. According to the principle of rounding down to the unit, the number of shares that shareholder A is entitled to buy is 554 shares.
+ Principle of handling the undistributed shares:
+ The remaining undistributed shares include: The remaining shares due to the fact that shareholders do not not exercise their rights (do not subscribe, not make payment, etc.); The fractional shares arising when rounding down to the whole number when finalizing the list of shareholders excercising rights (if any); The difference in shares arising between the total number of shares offered for sale (12,350,000 shares) and the total number of shares that shareholders actually exercised their purchase rights.
+ The remaining undistributed shares mentioned above will continue to be distributed by the Board of Directors to other investors at a price not lower than that offered to existing shareholders and ensure compliance with the provisions of Article 42 of Resolution 155/2020/ND-CP dated December 31, 2020 and Article 195 of Enterprise Law No. 59/2020/QH14. The number of shares distributed to other subjects will be restricted from transfer within one year from the date of closing the offering.
+ The General Meeting authorizes the Board of Directors to decide on the selection of the list of investors and the number of shares allocated to each investor based on the following specific criteria: the Company's employees or other organizations or individuals with financial capacity to buy the Company's shares (not limited to the Company's shareholders).
- Regulations on right transfer:
+ Time period for right transfer: from 14/03/2025 to 27/03/2025
+ Right is transferred once (transferee is not allowed to transfer to the 3rd party)
- Regulations on subscription:
+ Time period for subscription and payment: from 14/03/2025 to 04/04/2025
+ 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 ICD Tan Cang – Long Binh Joint Stock Company, Duy Tan street, Dich Vong Hau ward, Cau Giay district, Hanoi. No. 10 Phan Dang Luu, Ward 7, Long Binh Ward, Bien Hoa City, Dong Nai Province, Vietnam on working days
- Information on blockade account for subscription:
+ Account holder: ICD Tan Cang – Long Binh Joint Stock Company
+ Account number: 11888886666
+ Account opening place: MB Bank - Sai Gon Branch
Schedule of processing right issue by Depository member is detailed in the attached file.
2. Bonus Share Payment due to Raising Share Capital from Owner's Equity
- Execution rate: 1000:55 (shareholder are entitled to receive 55 new shares for every 1000 shares they own)
- Principle of rounding and principle of handling fractional shares (if any): The number of shares issued will be rounded down to the unit, the fractional shares (if any) will be removed.
For example: shareholder Nguyen Van A owns 1,100 shares. According to the above execution rate, the shareholder will receive 60.5 shares (1,100x55/1,000=60.5). According to the above principle, Shareholder A will receive 60 new shares; the 0.5 fractional shares will be removed.
- Payment place:
+ The holders whose shares have been deposited will receive bonus shares at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will receive bonus shares at ICD Tan Cang – Long Binh Joint Stock Company, Duy Tan street, Dich Vong Hau ward, Cau Giay district, Hanoi. No. 10 Phan Dang Luu, Ward 7, Long Binh Ward, Bien Hoa City, Dong Nai Province, Vietnam. ID cards/passports have to be presented.
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 AM, 11/03/2025
If DMs do not send confirmation document by the above deadline, VSDC will consider the list provided to DMs and direct account holding members 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 ILB
- Security name: shares of ICD Tan Cang – Long Binh Joint Stock Company
- Record date: 07/03/2025
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: by 10.30 am on 11/03/2025
- Time period for right transfer: from 14/03/2025 to 27/03/2025
- Time period for subscription and payment: from 14/03/2025 to 04/04/2025
- Deadline for members' submission of subscription list and making relevant payment to VSDC's branch: 08/04/2025
- Account for cash transferring:
+ Account number: 1190078737
+ 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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43,509|6,134
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6
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3,297
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804
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37
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9,686,077