Binh Thanh Import Export Production and Trade Joint Stock Company announced the result of stock issuance to pay dividend to existing shareholders as follows:
1. Information on stock:
Stock name: Binh Thanh Import Export Production and Trade Joint Stock Company
Stock type: common share
Par value: 10,000 dongs/share
Number of shares issued: 36,000,000 shares
Number of outstanding shares: 36,000,000 shares
Number of treasury shares: 0 share
Number of shares expected to be issued: 7,200,000 shares
Exercise ratio: 20% (5:1) (Those who own 01 share will receive 01 right, and with every 05 rights will be entitled to receive 01 new share.)
Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be decided by the BOD to distribute to other investors with the selling price of VND10,000/share).
Ending date: August 19, 2021
Time for transferring shares: expected in September 2021.
Result of stock issuance:
Number of distributed shares: 7,200,000 shares:
+ Number of shares to distribute to shareholders: 7,199,342 shares for 4,789 shareholders;
+ Number of fractional shares: 658 shares. These shares will be transferred to Binh Thanh Import Export Production and Trade Joint Stock Company Labor Union.
Total shares after the issuance (August 19, 2021): 43,200,000 shares; Of which:
+ Number of outstanding shares: 43,200,000 shares
+ Number of treasury shares: 0 share.