GIC: Payment of 2024 stock dividend, 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:
1. Payment of 2024 stock dividend
- Payment rate: 10:1 (shareholder owning 10 shares is entitled to 1 new shares).
- Principle of Rounding and handling fractional shares (if any): The number of shares issued to pay dividends will be rounded down to the whole number, the fractional (if any) will be cancelled.
- For example: On the record date to exercise the right to receive stock dividends, shareholder A owns 589 shares. Then, shareholder A will receive (589:10)x1=58.9 shares. rounded down to 58 shares. The fractional share of 0.9 shares will be canceled.
- Payment place:
+ The holders whose shares have been deposited will receive dividend at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will receive dividend at the headquarters of VSC Green Logistics Joint Stock Company – Lot CC2 – MP Dinh Vu Industrial Park, Dong Hai Ward, Hai Phong City. ID cards/business registration certificate/other documents containing identifying information of the securities holder as prescribed or a legally valid power of attorney (in case of authorization to receive the share ownership certificate) have to be presented.
2. Right issue
- Planned Quantity of issued shares: 12,120,000 shares.
- Issue price: VND 10,000/share.
- Exercise ratio: 1:1 (1 share is entitled to 1 right, and 1 right will be entitled to buy 1 new share).
+ Right code: MIRGIC261
+ ISIN code: VNMIRGIC2615
(Effective date of code allocation: 09/03/2026; effective date of code cancellation: 20/04/2026.)
- Principle of rounding, handling fractional shares and unsubscribed shares (if any):
+ Due to the 1:1 exercise ratio, no fractional shares will arise;
+ Any fractional shares arising from rounding (if any) and any remaining undistributed shares due to existing shareholders do not subscribe or make payment will be offered by the Board of Directors to other investors (including shareholders of the Company who wish to increase their shareholding) at an offering price no lower than the offering price to existing shareholders. The criteria and list of investors eligible to purchase these remaining shares will be decided by the Board of Directors under the authorization of the General Meeting. These shares will not be offered to foreign investors to meet the maximum foreign ownership ratio of the Company as stipulated by law;
+ If, after the legally stipulated share distribution period (including any extension period), the shares are still not fully distributed, the undistributed shares will be canceled, and the Board of Directors will decide to terminate the offering. The company increases capital based on the actual capital contributions of shareholders and investors.
- For example: On the record date for exercising the rights, shareholder Nguyen Van A owns 589 shares. At that time, the exercise ratio is 1:1, the number of shares offered to shareholder A is (589:1)x1=589 shares.
- Regulations on rights transfer:
+ Time for transfer of right issue: From 09/03/2026 to 10/04/2026;
+ Right to purchase shares is transferred one time (the transferee is not allowed to transfer to a third party). The transferor and the transferee shall mutually agree on the transfer price, payment, and be responsible for fulfilling all obligations as stipulated in the regulations related to the transfer;
+ The right issues may not be transferred to foreign investors in order to meet the maximum foreign ownership ratio in the Company.
- Regulations on subscribed securities:
+ Time for subscription and payment: From 09/03/2026 to 15/04/2026;
+ Restrictions related to transfer:
* The number of shares offered to existing shareholders and those receiving the right from existing shareholders is not subject to transfer restrictions.
* Any remaining shares not distributed to existing shareholders (including fractional shares arising from rounding) offered to other shareholders/investors will be subject to a 1 year transfer restriction from the date the offering ends, in accordance with regulations.
- 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 VSC Green Logistics Joint Stock Company – Lot CC2 – MP Dinh Vu Industrial Park, Dong Hai Ward, Hai Phong City.
- Information on blockade account for subscription:
+ Account holder: Công ty cổ phần VSC Green Logistics
+ Account number: 100303950
+ Account opening place: Vietnam Export Import Commercial Bank - Hai Phong Branch.
- Information on VSDC Branch's 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.
VSC Green Logistics Joint Stock Company and the parties involved in the process of preparing the dossier are fully responsible before the law for the legality, accuracy, truthfulness and completeness of the dossier. Institutions and individuals participating in the confirmation of dossier, documents shall be legally responsible within the scope related to such dossier, documents as prescribed in Clause 1, Article 11a of the Securities Law No. 54/2019/QH14 dated 26/11/2019, supplemented by Clause 4, Article 1 of Law No. 56/2024/QH15 dated 29/11/2024.
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45,792|6,359
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0
-
4,024
-
849
-
37
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12,116,647
