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VFG: Board resolution on raising capital by issuing new shares
HOSE - 5/31/2022 8:59:00 AM
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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. 

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