LBM: Right issue
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:
+ Right code: MIRLBM261.
+ ISIN code: VNMIRLBM2613.
(Effective date of code allocation: 10/04/2026; effective date of code cancellation: 14/05/2026)
+ Planned quantity of issued shares: 10,000,000 shares
+ Issue price: 25,000 VND/share
+ Execution rate: 4:1 (shareholders are entitled to 1 right for each share that they own and to buy 1 new share for every 4 rights).
- Principle of rounding, handling fractional shares, unsubscribed shares:
+ Principle of rounding fractional shares (if any): In order to ensure that the total number of shares not exceeding the offered amount, the number of additional shares that existing shareholders are entitled to purchase shall be rounded down to the whole number. Any fractional shares (if any) shall be authorized by the General Meeting to the Board of Directors (BOD) to decide the buyers, the criteria, and the method of distribution to other investors with the price equal to or greater than VND 25,000 per share.
For example: on the record date, shareholder A owns 103 shares. Therefore, shareholder A will be entitled to purchase (103x1/4) = 25.75 shares. According to the rounding principle, he number of shares shareholder A is entitled to buy is 25 shares, the 0.75 fractional shares will be distributed to other investors with the price equal to or greater than VND 25,000 per share.
+ Principle of handling fractional shares (if any) and shares not subscribed for or not paid for by existing shareholders:
· The handling of fractional shares arising from rounding down (if any) and shares not subscribed for or not paid for by shareholders shall ensure compliance with the provisions of Article 42 of Decree No. 155/2020/ND-CP dated 31 December 2020 and the regulations on capital contribution and investment in parent and subsidiary companies as stipulated in Clause 2, Article 195 of 2020 Law on Enterprises.
. The number of fractional shares arising from rounding down (if any) and the number of shares that existing shareholders do not subscribe for or fail to pay for shall be authorized by the General Meeting to the Board of Directors for distribution (including determination of the criteria and the list of investors eligible to purchase the securities) to other investors (which may or may not include Lam Dong Irrigation Investment and Construction Joint Stock Company), ensuring compliance with the criteria, distribution methods, and offering price not more favorable than those offered to existing shareholders (with the price equal to or greater than VND 25,000 per share), and carrying out the necessary procedures to distribute the shares in accordance with the plan approved by the General Meeting so as to ensure the success of the offering and maximize benefits for the Company and its shareholders.
. The General Meeting approves that Lam Dong Irrigation Investment and Construction Joint Stock Company (“LHC”) may purchase additional shares redistributed due to existing shareholders not subscribing for or not paying for their shares, and fractional shares, in the event that the list of investors eligible to purchase the redistributed shares selected by the Board of Directors includes Lam Dong Irrigation Investment and Construction Joint Stock Company. At the same time, the General Meeting approves that: (i) Lam Dong Irrigation Investment and Construction Joint Stock Company and its related persons may purchase redistributed shares arising from existing shareholders not subscribing for or not paying for their shares, and fractional shares (if any) in cases where such purchase results in the ownership ratio of these parties exceeding the ownership limits prescribed at Points a and b, Clause 1, Article 35 of the Law on Securities; (ii) Lam Dong Irrigation Investment and Construction Joint Stock Company and its related persons may purchase shares amounting to 10% or more of the charter capital of the issuer in a single offering or in multiple offerings and issuances conducted within the most recent 12 months.
. In the event that other investors falling within the scope of Clause 3, Article 42 of Decree No. 155/2020/ND-CP dated 31 December 2020 are selected, the Board of Directors shall submit such selection to the General Meeting for approval in accordance with the applicable laws.
. The number of fractional shares arising from rounding down upon redistribution shall not be subject to transfer restrictions. The number of shares not subscribed for or not paid for by existing shareholders, when redistributed, shall be subject to transfer restrictions for a period of 1 year from the completion date of the offering.
. In the event that, upon the expiry of the share distribution period as prescribed by applicable laws (including any extension period, if any), there remain undistributed shares, such undistributed shares shall be cancelled and the Board of Directors shall issue a decision to terminate the offering. The Board of Directors shall consider selecting and adjusting the plan for the use of proceeds to ensure that the Company’s capital sources and business operation are not adversely affected.
- Regulations on rights transfer:
+ Time for transfer of right issue: From 10/04/2026 to 05/05/2026
+ Rights are transferred once and shall not be further transferred to a third party..
- Regulations on subscribed securities:
+ Time for subscription and payment: From 10/04/2026 to 11/05/2026
+ 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 Lamdong Minerals and Building Materials Join Stock Company, no.87 Phu Dong Thien Vuong, Lam Vien - Da Lat ward, Lam Dong province and make subscription payment to the blockade account.
- Information on blockade account for subscription:
+ Account holder: Lamdong Minerals and Building Materials Join Stock Company
+ Account number: 8604955888;
+ Account opening place: BIDV - Lam Dong Branch.
- Information on VSDC's account for cash transferring:
+ Account number: 1190078737;
+ Account name: Viet Nam Securities Depository and Clearing Corporation - Hochiminh Branch
+ At the bank: BIDV - Nam Ky Khoi Nghia 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.
Lamdong Minerals and Building Materials Join Stock Company and the parties involved in the process of preparing the dossier, documents of corporate action processing are fully responsible before the law for the legality, accuracy, truthfulness and completeness of the dossier; Institutions and individuals participating in the confirmation of records and documents shall be legally responsible within the scope related to such records and 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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45,984|6,369
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0
-
4,078
-
849
-
37
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12,315,011
