The Board of Directors of Viet Nam Fumigation Joint Stock Company approved a share issue to raise the Company’s capital as follows:
− Stock name: Stock of Viet Nam Fumigation Joint Stock Company
− Stock symbol: VFG
− Stock type: common stock
− Par value: VND10,000/share
− Charter capital before the issuance: VND320,888,640,000
− Total issued volume: 32,088,864 shares
− Treasury shares: 2,000 shares
− Outstanding volume: 32,086,864 shares
− Estimated issue volume: 9,626,059 shares
− Issue ratio: 10:3
− Total issue value at par value: VND96,260,590,000
− Charter capital after the issuance: VND417,149,230,000
− Issue time: in 2022
− Plan to deal with fractional shares: The shares newly issued to shareholders will be rounded down to units. The fractional shares (if any) will be cancelled.
For example, on the record date, shareholder A owns 1,149 shares. Shareholder A will receive: 1,149 x 3/10 = 344.7 shares. After rounded down, the real number of shares shareholder A receives will be 344 shares. The fractional part (0.7) will be cancelled.