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VPG: Record date for implementing rights
HSX - 4/9/2020 4:07:00 PM
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On April 07, 2020, the Hochiminh Stock Exchange issued Announcement No.558/TB-SGDHCM about the record date of Viet Phat Import Export Trading Investment Joint Stock Company as follows:

-       Ex-right date: April 13, 2020

-       Record date: April 14, 2020

  1. Reason & Purpose: to implement the purchase rights.
  2. Content:

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

-       Expected issue volume: 26,449,875 shares

-       Issuing price: 10,000 dongs/share

-       How to deal with fractional shares: The number of newly issued shares bought by each existing shareholder will be rounded down. The shares refused to buy (if any) will be decided by the Board of Directors. These shares will be restricted in 01 year from the finish date of the issuance.

-       For example: At the record date, the shareholder A owns 2,116 shares. With 1:1 performing ratio, the shareholder A will be entitled to purchase 2,116 new shares.

-       Regulation on rights transfer:

  • Time for rights transference: from April 28, 2020 to May 14, 2020
  • The rights should be transferred only once.

-     Regulation on securities purchased:

  • Time for subscription and deposit: from April 28, 2020 to May 18, 2020
  • The new shares are freely transferable.

-     Place to receive subscription:

  • Shareholders whose shares have been deposited: at the securities firms where shares have been deposited.
  • Shareholders whose shares have not been deposited: at Viet Phat Import Export Trading Investment Joint Stock Company.

-     Bank for blocking depository money:

  • Account holder: Viet Phat Import Export Trading Investment Joint Stock Company
  • Account number: 1009727668
  • Bank: SHB – Van Phuc Branch.

 

 

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