On April 15, 2022, the Hochiminh Stock Exchange issued an Announcement No.775/TB-SGDHCM about the record date of Post and Telecommunications Investment and Construction Joint Stock Company as follows:
- Ex-right date: April 26, 2022
- Record date: April 27, 2022
- Reason & Purpose: to raise capital from the owner’s equity
- Content:
- Expected issue volume: 14,307,439 shares
- Exercise ratio: 10:8 (Those who own 10 shares will receive 08 new shares.)
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be cancelled.
- For example: at the record date, shareholder A owns 126 shares. With 10:8 performing ratio, the shareholder A will receive: 126*8/10= 100.8 shares. According to rounding policy, the shareholder A will receive 100 new shares and the fractional shares of 0.8 share 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 Post and Telecommunications Investment and Construction Joint Stock Company.