DSE: Right issue
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:
+ Right code: MIRDSE261
+ ISIN code: VNMIRDSE2614
(Effective date of code allocation: 15/01/2026; effective date of code cancellation: 06/03/2026)
+ Planned quantity of issued shares: 85,650,000 shares
+ Issue price: 15,000 VND/share
+ Execution rate: 4:1 (Shareholders are entitled to 1 right for each share they own and to buy 1 new share for every 4 rights);
- Principle of rounding, handling the fractional shares and unsubscribed shares (if any):
+ Principle of handling fractional shares: the number of fractional shares (if any) arising from the exercise of rights, in order to ensure that the total number does not exceed the offered shares, the number of shares offered that a shareholder is entitled to purchase shall be rounded down to the whole number, the fractional shares (if any) shall be removed.
Example: shareholder A who owns 99 shares on the record date is entitled to 99 rights, equivalent to buy 99/4=24.75 shares. According to above principle, he/she is entitled to buy 24 shares. The 0.75 fractional shares will be removed.
+ Principle of handling unsubscribed shares:
The remaining shares not fully distributed due to shareholders’non-subscription or non-payment for the shares (“Shares to be Distributed”) shall be offered to investors at an offering price not lower than that offered to existing shareholders.
In case of further distribution, the Board of Directors shall determine the criteria and the list of investors eligible to purchase the undistributed shares. The distribution of the Shares to be Distributed to other investors must satisfy the following conditions:
*Compliance with Article 195 of the Law on Enterprises in 2020:
“A subsidiary is not permitted to invest in or purchase shares or contribute capital to its parent company. Subsidiaries of the same parent company are not permitted to simultaneously contribute capital or purchase shares to hold cross-ownership in each other.”
*Ensuring compliance with Article 42 of Decree No. 155/2020/ND-CP dated 31 December 2020, which provides detailed guidance on the implementation of a number of articles of the Law on Securities, and other relevant provisions of the applicable laws.
Upon the expiry of the share distribution period as prescribed by the applicable laws (including any extension period, if any), the undistributed shares shall be cancelled and the Board of Directors shall decide to terminate the offering.
+ Related restrictions:
* The additional shares offered to existing shareholders shall not be subject to transfer restrictions.
* Existing shareholders who are holding shares subject to transfer restrictions shall still be entitled to buy the additionally offered shares. The number of shares purchased through the exercise of such rights shall not be subject to transfer restrictions.
* The number of undistributed shares offered to other investors arising from shareholders’ failure to exercise their rights or to make payment shall be subject to transfer restrictions for a period of 1 year from the end date of the offering.
* Other restrictions as prescribed by applicable laws from time to time (if any).
- Regulations on rights transfer:
+ Time period for right transfer: from 15/01/2026 to 25/02/2026.
+ Rights are transferred once only. The transferee is not allowed to transfer rights to a third party. The transferor and the transferee shall mutually agree on the transfer price and payment.
- Regulations on subscribed shares:
+ Time period for subscription and payment: from 15/01/2026 to 03/03/2026.
+ Subscribed 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 to blockade account for subscription at DNSE Securities Joint Stock Company, Level 6, Pax Sky building, 63-65 Ngo Thi Nham, Hai Ba Trung ward, Hanoi or Hochiminh Branch, C-00.01, C-00.02, C-00.03, Lot C1, Low-rise Housing Area – Zone III (Sarina Apartment Complex), No. 62 Hoang The Thien Street, An Khanh Ward, Ho Chi Minh City on working days and make payment to the blockade account.
- Information on blockade account for subscription:
+ Account holder: DNSE Securities Joint Stock Company
+ Account number: 8600073181
+ Account opening place: BIDV - Ha Thanh Branch
- Account for cash transferring:
+ Account number: 1220173177
+ Account name: Viet Nam Securities Depository and CLearing Corporation
+ 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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45,175|6,319
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0
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3,853
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840
-
37
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11,592,251
