The Board resolution dated November 26, 2020, the BOD of BenTre Pharmaceutical Joint Stock Company approved the plan for stock issuance to raise capital from the owner’s equity as follows:
- Stock name: BenTre Pharmaceutical Joint Stock Company
- Stock type: common share
- Stock code: DBT
- Par value: VND 10,000/share
- Current charter capital: VND 135,288,140,000
- Number of shares issued: 13,528,814 shares
- Number of outstanding shares: 13,528,814 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 676,440 shares
- Total value of issue: VND 6,764,400,000
- Exercise ratio: 20:1, equivalent to 5%/charter capital (At the record date, shareholder who owns 01 share will receive 01 right, and with every 20 rights will be received 01 new shares).
- The number of newly issued shares bought by each existing shareholder will be rounded down. The fractional shares will be cancelled.
- For example: At the record date, the shareholder A owns 110 shares. With 20:1 performing ratio, the shareholder A will receive: 110 *1/20= 5.5 shares. According to rounding policy, the shareholder A receives 05 new shares. The fractional shares of 0.5 share will be cancelled.