HOSE issued an announcement regarding the record date of Military Insurance Corporation (MIG) as follows:
- Estimated issue volume: 21,450,000 shares
- Exercise ratio: 100:15
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.
For example, if shareholder A owns 1,234 shares at the record date, he will receive 185.1 new shares. However, after rounded down, the real number of shares he receives is 185 shares. The fractional part (0.1 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 Military Insurance Corporation.