Vietnam Securities Depository and Clearing Corporation News

HSV: Right issue

Date update 16/08/2021 - 15:46:12

Vietnam Securities Depository (VSD) would like to announce the record date as follows:

Issuser's name:

Ha Noi Iron and Steel Joint Stock Company

Securities name:

Share of Ha Noi Iron and Steel Joint Stock Company

Securities code:

HSV

ISIN:

VN000000HSV7

Par value:

10,000 VND

Trading Platform:

UpCOM

Securities type:

Common share

Record date:

24/08/2021

Reason:

Right issue

- Right code: MIRHSV211
- ISIN code: VNMIRHSV2114
(Effective date of code allocation: 30th August 2021; effective date of code cancellation: 23rd September 2021)
- Planned quantity of issued shares: 5,000,000 shares
- Issue price: 10,000 VND/share
- Execution rate: 1:1 (shareholders are entitled to 1 right for each share that they own and to buy 1 new share for each right)
- Principle of rounding, handling the fractional shares and unsubscribed shares (if any):
The number of shares entitled to buy will be rounded down to the unit. Due to the execution rate of 1:1, there is no fractional share. The undistributed shares will be authorized to the Board of Directors to offer to other parities at the price not lower than that offered to existing shareholders and subject to transfer restriction within 1 year from the date of offering completion
Example: on the record date, shareholder Nguyen Van A who owns 181 shares is entitled to buy 181 new shares (181x1/1=181). According to the rounding principle, shareholder A will be entitled to buy 181 shares
Regulations on rights transfer:
+ Time period for right transfer: from 30th August 2021 to 10th September 2021
+ Rights are transferred once only.
Regulations on subscription:
+ Time period for subscription and payment: from 30th August 2021 to 20th September 2021
+ Subscribed shares are common shares and freely transferable.
- Place for implementation:
+ The holders whose shares have been deposited have to make transfer of purchase right, subscription and payment at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will make right transfer, subscription and payment at Ha Noi Iron and Steel Joint Stock Company
- Information on blockade account for subscription:
+ Account holder: Ha Noi Iron and Steel Joint Stock Company
+ Account number: 1018917867
+ Account opening place: Saigon Hanoi Commercial Joint Stock Bank
Schedule for DMs to process right issue with VSD is detailed in the attached file.
Depository members (DMs) are requested to compare the securities holders’ information in the List generated and sent in the form of Certificate of Authorization by VSD with the information managed by DMs then send Confirmation (Form 03/THQ) in the form of Certificate of Authorization on the accuracy of the list of shareholders (For DMs who have not completed the connection to VSD’s terminal-based gateway/ISO-based gateway or where the connection has been disrupted, the Confirmation with Certificate of Authorization shall be sent to thongbaoxacnhan@vsd.vn). In case of rejection due to data errors, VSD's members are requested to send written notice on details of errors for necessary correction.
Deadline for sending confirmation: by 11.30 AM, 26th August 2021
If DMs do not send confirmation document by the above deadline, VSD will consider the list provided to DMs and direct account holding members by VSD accurate and confirmed. In case of arising disputes and losses to shareholders, DMs will have to bear all the related responsibilities.
DMs are requested to fully inform this notice to each investor who has deposited the above shares at DMs within 3 working days from the date on the notice.
SCHEDULE FOR EXECUTION OF RIGHT ISSUE OF HSV SHARES
- Security name: Share of Ha Noi Iron and Steel Joint Stock Company
- Record date: 24th August 2021
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: 2by 11:30 am on 26th August 2021
- Time period for right transfer: from 30th August 2021 to 10th September 2021
- Time period for subscription and payment: from 30th August 2021 to 20th September 2021
- Deadline for members' submission of subscription list and making relevant payment to VSD: 22nd September 2021
Account for cash transferring:
+ Account number: 122.10.00.0173177
+ Account name: Vietnam Securities Depository
+ At the bank: Bank for Investment and Development of Vietnam – Ha Thanh Branch.

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