CMN: 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 rate: 1:2 (Shareholders who own 2 shares are entitled to 1 new share)
- Principle of rounding and handling fractional shares (if any): The exercise ratio is 1:2, so no fractional shares will arise.
Example: On the record date for shareholders to exercise their rights to receive Share issuance to increase share capital from equity, shareholder Nguyen Van A owns 102 shares. According to the exercise ratio, shareholder Nguyen Van A will receive (102 x 2) = 204 shares. Therefore, shareholder Nguyen Van A will actually receive 204 new shares.
- Payment place:
+ The holders whose shares have been deposited will receive shares at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will complete the procedures to receive shares at t he headquarter of COLUSA - MILIKET FOODSTUFF JOINT STOCK COMPANY, 1230 Kha Van Can Street, Linh Xuan Ward, Ho Chi Minh City, Vietnam (on weekdays).. ID cards/passports/certificate of business registration/other identity papers 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.
COLUSA - MILIKET FOODSTUFF JOINT STOCK COMPANY and the parties involved in the process of preparing dossiers, 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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