ECO: Right issue
Date update 14/11/2025 - 17:12:54
Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the record date of corporate action processing for the Securities registering institution as follows:
Securities registration institution's name:
Viet Nam ECO Plastic Technology Joint Stock Company
Securities name:
Shares of Viet Nam ECO Plastic Technology Joint Stock Company
Securities code:
ECO
ISIN:
VN000000ECO3
Par value:
10,000 VND
Trading Platform:
UpCOM
Securities type:
Securites
Record date:
24/11/2025
Reason:
Right issue
+ Right code: MIRECO251
+ ISIN code: VNMIRECO2510
(Effective date of code allocation: 27/11/2025; effective date of code cancellation: 09/01/2026)
+ Planned quantity of issued shares: 10,000,000 shares
+ Issue price: 10,000 VND/share
+ Execution rate: 2:1 (shareholders are entitled to 01 right for each share that they own and to buy 01 new shares for every 02 rights).
- Principle of rounding, handling fractional shares: The number of issued shares will be rounded down to the whole number to ensure that the total number of shares distributed does not exceed the total number of issued shares. The arising fractional shares will be cancelled.
For example: Shareholder Nguyen Van A owns 123 shares on the record date to exercise the right to purchase shares. With the exercise ratio of 2:1, the number of shares that shareholder Nguyen Van A can buy is: 123 : 2 x 1 = 61.5 shares. According to the rounding principle, shareholder Nguyen Van A will be entitled to buy 61 new shares; 0.5 fractional shares will be cancelled.
- Principle of handling and unsubscribed shares:
+ The number of shares that existing shareholders do not register to buy or do not make payment will be (i) authorized by the General Meeting to the Board of Directors (BOD) to offer to other domestic investors as decided by the BOD to ensure compliance with current legal regulations, at a selling price not lower than the offering price or (ii) canceled, the BOD decides to end the offering and increase the charter capital according to the actual number of shares offered.
+ The number of shares that have not been fully distributed to existing shareholders will be distributed by the BOD to other investors in need will be restricted from transfer within 01 (one) year from the date of completion of the offering according to the provisions of Clause 2, Article 42 of Decree 155/2020/ND-CP dated December 31, 2020 of the Government. The Company does not make distributions to subsidiaries as prescribed in Clause 2, Article 195 of the Law on Enterprises 2020.
- Regulations on rights transfer:
+ Time for transfer of right issue: From 27/11/2025 to 19/12/2025.
+ Existing shareholders are allowed to transfer their rights to others domestic investors within the prescribed time and only transfer once (not transfer to a third party).
- Regulations on subscribed securities:
+ Time for subscription and payment: From 27/11/2025 to 06/01/2026.
+ Subscribed securities 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 Head Office of Viet Nam ECO Plastic Technology Joint Stock Company (Address: Trung Duong Village, Gia Lam Commune, Hanoi City - Tel: 0221 3791 003) on working days of the week during the registration period and deposits money to subscribe shares into the blocked account.
- Information on blockade account for subscription:
+ Account holder: Viet Nam ECO Plastic Technology Joint Stock Company
+ Account number: 000003628747
+ Account opening place: Vietnam Thuong Tin Commercial Joint Stock Bank - My Dinh Transaction Office.
- Information on VSDC account for cash transferring:
+ Account name: Viet Nam Securities Depository and Clearing Corporation
+ Account number: 1220173177
+ At the bank: Bank for Investment and Development of Vietnam – Ha Thanh Branch.
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
+ ISIN code: VNMIRECO2510
(Effective date of code allocation: 27/11/2025; effective date of code cancellation: 09/01/2026)
+ Planned quantity of issued shares: 10,000,000 shares
+ Issue price: 10,000 VND/share
+ Execution rate: 2:1 (shareholders are entitled to 01 right for each share that they own and to buy 01 new shares for every 02 rights).
- Principle of rounding, handling fractional shares: The number of issued shares will be rounded down to the whole number to ensure that the total number of shares distributed does not exceed the total number of issued shares. The arising fractional shares will be cancelled.
For example: Shareholder Nguyen Van A owns 123 shares on the record date to exercise the right to purchase shares. With the exercise ratio of 2:1, the number of shares that shareholder Nguyen Van A can buy is: 123 : 2 x 1 = 61.5 shares. According to the rounding principle, shareholder Nguyen Van A will be entitled to buy 61 new shares; 0.5 fractional shares will be cancelled.
- Principle of handling and unsubscribed shares:
+ The number of shares that existing shareholders do not register to buy or do not make payment will be (i) authorized by the General Meeting to the Board of Directors (BOD) to offer to other domestic investors as decided by the BOD to ensure compliance with current legal regulations, at a selling price not lower than the offering price or (ii) canceled, the BOD decides to end the offering and increase the charter capital according to the actual number of shares offered.
+ The number of shares that have not been fully distributed to existing shareholders will be distributed by the BOD to other investors in need will be restricted from transfer within 01 (one) year from the date of completion of the offering according to the provisions of Clause 2, Article 42 of Decree 155/2020/ND-CP dated December 31, 2020 of the Government. The Company does not make distributions to subsidiaries as prescribed in Clause 2, Article 195 of the Law on Enterprises 2020.
- Regulations on rights transfer:
+ Time for transfer of right issue: From 27/11/2025 to 19/12/2025.
+ Existing shareholders are allowed to transfer their rights to others domestic investors within the prescribed time and only transfer once (not transfer to a third party).
- Regulations on subscribed securities:
+ Time for subscription and payment: From 27/11/2025 to 06/01/2026.
+ Subscribed securities 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 Head Office of Viet Nam ECO Plastic Technology Joint Stock Company (Address: Trung Duong Village, Gia Lam Commune, Hanoi City - Tel: 0221 3791 003) on working days of the week during the registration period and deposits money to subscribe shares into the blocked account.
- Information on blockade account for subscription:
+ Account holder: Viet Nam ECO Plastic Technology Joint Stock Company
+ Account number: 000003628747
+ Account opening place: Vietnam Thuong Tin Commercial Joint Stock Bank - My Dinh Transaction Office.
- Information on VSDC account for cash transferring:
+ Account name: Viet Nam Securities Depository and Clearing Corporation
+ Account number: 1220173177
+ At the bank: Bank for Investment and Development of Vietnam – Ha Thanh Branch.
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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