Thua Thien Hue Construction Joint Stock Corporation reports the result of stock issuance raise capital from the owner’s equity as follows:
1) Information on stock:
- Stock name: Thua Thien Hue Construction Joint Stock Corporation
- Stock type: common share
- Stock code: HUB
- Par value: 10,000 dongs/share
- Number of outstanding shares: 15,246,000 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 3,811,500 shares
- Purpose to issue shares: to issue shares to raise capital from the owner’s equity
- Ex-right date: November 13, 2020
- Record date: November 16, 2020
- Expected trading date: December 2020.
2) Result of stock issuance:
- Number of distributed shares: 3,811,316 shares
- Number of distributed shareholders: 658 shareholders
- Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares due to rounding down will be cancelled.
- For example: at the record date, shareholder A owned 215 shares. With performing ratio, the shareholder A will receive: 215 *1/4 = 53.75 shares. According to rounding policy, the shareholder A receives 53 new shares and fractional shares of 0.75 will be cancelled.
- Number of current shares on November 23, 2020: 19,057,316 shares; Of which:
+ Number of outstanding shares: 19,057,316 shares
+ Number of treasury shares: 0 share.