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LMH: Board resolution on the stock issuance to raise capital
HSX - 1/18/2019 4:18:00 PM
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On January 16, 2019, the Board of Directors of Landmark Holding Joint Stock Company approved to issue shares for capital increase from the owner’s equity as follows:

-       Stock name: Landmark Holding Joint Stock Company

-       Stock code: LMH

-       Stock type: common share

-       Par value: VND10,000/share

-       Number of outstanding shares: 23,300,000 shares

-       Number of treasury shares: 0 share

-       Number of shares expected to be issued: 2,330,000 shares

-       Total value (based on par value): VND23,300,000,000

-       Exercise ratio: 1:0.1, equivalent to 10% (shareholder who owns 01 share will receive 01 right, and with every 10 rights will be entitled to purchase 01 new shares).

-       The number of newly issued shares bought by each existing shareholder will be rounded down. The fractional shares will be cancelled.

-       Regulation on rights transfer: The new shares are freely transferable.

-       Time of implementation: expected in 2019.

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