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:
- Payment rate: 100:20 (Shareholders are entitled to 20 new shares for every 100 shares they own)
- Principle of rounding and handling fractional shares:The number of shares issued to existing shareholders will be rounded down to the whole number to ensure that the total number of shares distributed does not exceed the total number of shares issued. The fractional shares (if any) will be cancelled and the new charter capital will be registered on the actual number of shares distributed.
For example: On the record date to issue additional shares from equity capital, shareholder A who owns 87 shares of the Company will receive 17.4 newly issued shares, however, due to rounding down to the whole number, shareholder A will actually only receive 17 new shares and 0.4 fractional shares will be cancelled.
- 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: The shareholder completes procedures to receive issued shares to increase share capital from owner's equity at the Head Office of Chuong Duong Joint Stock Company, address: No. 328 Vo Van Kiet, Cau Ong Lanh Ward, Ho Chi Minh City.
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.