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NVL: Record date for stock issuance to raise capital
HOSE - 10/18/2022 9:21:00 AM
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On October 14, 2022, the Hochiminh Stock Exchange issued Announcement No.1883/TB-SGDHCM about the record date of No Va Land Investment Group Corporation as follows:

-          Ex-right date: November 11, 2022

-          Record date: November 14, 2022

1. Reason & Purpose: to issue shares for increasing capital from the owner’s equity.

2. Content:

-          Exercise ratio: 1:0.2475 (shareholder who owns 10,000 shares will receive 2,475 new shares.)

-          Expected issue volume: 482,583,867 shares

-          Plan to deal with fractional shares: The distributed shares will be rounded down to dozen, the fractional shares due to rounding down will be cancelled.

-          For example: at the record date, shareholder A owned 1,003 shares. With 1:0.2475 performing ratio, the shareholder A will receive: 1,003 *0.2475/1 =248.2425 shares. According to rounding policy, the shareholder A receives 248 new shares and fractional shares of 0.2425 will be cancelled.

-          Place of payment:

+ Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.

+ Shareholders whose shares have not been deposited: at No Va Land Investment Group Corporation.

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