- Execution rate: 100:48.5760 (Shareholders are entitled to receive 48.5760 new shares for every 100 shares they own)
- Principle of rounding and handling fractional shares (if any): The number of shares for shareholders will be rounded down to the whole number. The decimal fractional shares (if any) will be removed.
- Example: On the record date, shareholder who owns 218 shares is entitled to receive (218/100) x 48.5760 = 105.8956 new shares. According to the above principle, shareholder will receive 105 new shares, the 0.8956 fractional shares will be removed.
- 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 receive shares atMechanical engineering & Metallurgy Joint - Stock Company, 280 An Binh Quarter, Tran Bien Ward, Dong Nai City. ID cards 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.
Mechanical engineering & Metallurgy Joint - 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.