On September 20, 2022, Vietnam Maritime Commercial Joint Stock Bank announces the stock issuance to raise capital from the ower's equity as follows:
- Stock name: Vietnam Maritime Commercial Joint Stock Bank
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 1,527,500,000 shares
- Number of outstanding shares: 1,527,500,000 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 458,250,000 shares
- Total value (based on par value): 4,582,500,000,000 dongs
- Issue ratio: 30% (100:30) (Those who owns 100 shares will receive 30 new shares).
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be transferred to the Trade Union of Vietnam Maritime Commercial Joint Stock Bank.
- For example: At the record date, shareholder A owns 101 shares. With 30% exercise ratio, the shareholder A will receive: 101*30/100 = 30.3 shares. According to rounding policy, the shareholder A will receive 30 new shares and the fractional shares of 0.3 share will be transferred to the Trade Union of Vietnam Maritime Commercial Joint Stock Bank.
Record date: October 11, 2022.