TOS: Share issuance due to raising share capital from owner's equity
Viet Nam Securities Depository and Clearing Corporation (VSDC) - Hochiminh Branch would like to announce the record date of corporate action processing for the Securities registering institution as follows:
- Execution ratio: 14,000,114/30,999,886 (Owner of 100 shares receives (14,000,114/30,999,886)*100=45.161825 new shares).
- Principle of rounding and handling fractional shares: The number of shares issued will be rounded down to the whole number, the fractional shares (if any) will be removed.
For example: Shareholder A owns 100 shares, shareholder A receives 100 x (14,000,114/30,999,886) = 45.161825 shares. The number of shares that shareholder A receives according to the rounding down principle is 45 shares. Thefractional number of shares of 0.161825 shares will be canceled and not issued.
- Payment place:
+ Shareholders whose shares have been deposited will receive bonus shares at the depository member where they opened depository account.
+ Shareholders whose shares have not been deposited: The bondholder carries out procedures to receive shares issued to raising share capital from equity at Tan Cang Offshore Services Joint Stock Company- 52-54 Truong Van Bang, Binh Trung Ward, City. Ho Chi Minh, Vietnam. ID Card/Passport and Share Certificate have to be presented.
Coordination details and procedures for corporate action processing for holders of the above securities between VSDC, the Securities registering institution and depository members are specified in the Guideline on corporate action processing for securities holders at VSDC
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