Share issuance for raising share capital from owner's equity
- Execution rate: 100 : 29.50 (shareholders are entitled to receive 29.50 new shares for every 100 shares they own) - Principle of rounding and handling fractional shares: The number of shares issued for existing shareholders will be rounded down to the whole number, the fractional shares (if any) will be removed
- Example: On the record date, shareholder Nguyen Van A who owns 1,820 shares is entitled to receive 1,820 x 29.50% = 536.90 shares. According to the rounding principle, shareholder will receive 536 new shares, the 0.90 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 at nationwide transaction offices of Kien Long Commercial Joint Stock Bank, details of transaction office are uploaded on the websitehttp://kienlongbank.com/diem-giao-dich at 8:00 - 17:00 on working days (except holidays, Lunar New Year). Shares/Certificate of share ownership, ID cards/passports, letter of introduction (for institutions), valid power of attorney 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
Kien Long Commercial Joint Stock Bank 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.