FIT: Payment of 2020 Stock Dividend and right Issue
Date update 15/04/2022 - 15:37:05
Vietnam Securities Depository (VSD) would like to announce the record date as follows:
Issuser's name:
F.I.T Investment Joint Stock Company
Securities name:
Share of F.I.T Group Joint Stock Company
Securities code:
FIT
ISIN:
VN000000FIT6
Par value:
10,000 VND
Trading Platform:
HOSE
Securities type:
Common shares
Record date:
26/04/2022
Reason:
Payment of 2020 Stock Dividend and Rights Issue
1. Payment of 2020 Stock Dividend
- Execution rate: 10:1 (shareholders are entitled to receive 1 new share for every 10 shares they own);
- Principle of rounding and principle of handling fractional shares: The number of shares issued will be rounded down to the unit, the decimal fractional shares (if any) will be removed.
For example, shareholder A who owns 109 shares is entitled to receive 10.9 shares (109 x 10% = 10.9). The shareholder A will receive 10 shares and 0.9 fractional share will be removed.
- Payment place:
+ The holders whose shares have been deposited will receive dividend at the depository member where they opened depository account.
- The holders whose shares have not been deposited will receive dividend at Company's head office, Level 5, Times Tower building, No. 35 Le Van Luong Street, Nhan Chinh ward, Thanh Xuan district, Hanoi.
2. Rights issue
- Right code: MIRFIT221
- ISIN code: VNMIRFIT2211
(Effective date of code allocation: 6th May 2022; effective date of code cancellation: 3rd June 2022)
- Planned quantity of issued shares: 50,946,049 shares
- Issue price: 10,000 VND/share
- Execution rate: 100:19.39101 (shareholders are entitled to 1 right for each share that they own and to buy 19.39101 new shares for 100 rights).
- Principle of rounding, handling the fractional shares, unsubscribed shares (if any):
+ Principle of rounding, handling the fractional shares: the number of shares issued will be rounded down to the unit. The fractional shares (if any) will be removed.
Example: Shareholder A owns 100 shares, the number of shares he is entitled to buy is 19.39101 shares (100 x 19.39101 : 100 = 19.39101). According to the rounding principle, he is entitled to buy 19 shares.
+ Principle of handling unsubscribed shares:
For the number of shares that investors do not subscribe, nor pay partially or fully, the Board of Directors will offer to sell to other shareholders and investors who are in need with the following conditions:
ü Selling price: 10,000 VND/share
ü domestic investors who are interested and express their desire to buy FIT shares;
ü in compliance with Article 195 of 2020 Enterprise Law: “Subsidiaries are not allowed to invest in buying shares or contribute capital to the Parent Company. Subsidiaries of the same parent company may not concurrently contribute capital or purchase shares for cross-ownership”;
ü in compliance with Article 42 of Decree No. 155/2020/ND-CP dated 31st December 2020 of the Government detailing the implementation of a number of articles of the Securities Law;
ü Those shares are subject to transfer restriction within 1 year from the date of offering completion;
- Regulations on rights transfer:
+ Time period for right transfer: from 6th May 2022 to 25th May 2022
+ Rights are allowed to transfer to others except for foreign investors
+ Right can be transferred once only
Regulations on subscription:
+ Time period for subscription and payment: from 6th May 2022 to 31st May 2022
+ Subscribed shares are freely transferable.
Payment place:
+ 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 at Company's head office, Level 5, Times Tower – HACC 1 Complex Building, No. 35 Le Van Luong Street, Nhan Chinh ward, Thanh Xuan district, Hanoi and make payment to the blockade account.
- Information on blockade account for subscription:
+ Account holder: F.I.T Group Joint Stock Company
+ Account number: 243.208.688
+ Account opening place: VPbank - Head office
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 10.30 AM, 28th April 2022
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 RIGHTs ISSUE OF FIT SHARES
- Security name: share of F.I.T Group Joint Stock Company
- Record date: 26th April 2022
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: by 10:30 am on 28th April 2022
- Time period for right transfer: from 6th May 2022 to 25th May 2022
- Time period for subscription and payment: from 6th May 2022 to 31st May 2022
- Deadline for members' submission of subscription list and making relevant payment to VSD: 2nd June 2022
- 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.
- Execution rate: 10:1 (shareholders are entitled to receive 1 new share for every 10 shares they own);
- Principle of rounding and principle of handling fractional shares: The number of shares issued will be rounded down to the unit, the decimal fractional shares (if any) will be removed.
For example, shareholder A who owns 109 shares is entitled to receive 10.9 shares (109 x 10% = 10.9). The shareholder A will receive 10 shares and 0.9 fractional share will be removed.
- Payment place:
+ The holders whose shares have been deposited will receive dividend at the depository member where they opened depository account.
- The holders whose shares have not been deposited will receive dividend at Company's head office, Level 5, Times Tower building, No. 35 Le Van Luong Street, Nhan Chinh ward, Thanh Xuan district, Hanoi.
2. Rights issue
- Right code: MIRFIT221
- ISIN code: VNMIRFIT2211
(Effective date of code allocation: 6th May 2022; effective date of code cancellation: 3rd June 2022)
- Planned quantity of issued shares: 50,946,049 shares
- Issue price: 10,000 VND/share
- Execution rate: 100:19.39101 (shareholders are entitled to 1 right for each share that they own and to buy 19.39101 new shares for 100 rights).
- Principle of rounding, handling the fractional shares, unsubscribed shares (if any):
+ Principle of rounding, handling the fractional shares: the number of shares issued will be rounded down to the unit. The fractional shares (if any) will be removed.
Example: Shareholder A owns 100 shares, the number of shares he is entitled to buy is 19.39101 shares (100 x 19.39101 : 100 = 19.39101). According to the rounding principle, he is entitled to buy 19 shares.
+ Principle of handling unsubscribed shares:
For the number of shares that investors do not subscribe, nor pay partially or fully, the Board of Directors will offer to sell to other shareholders and investors who are in need with the following conditions:
ü Selling price: 10,000 VND/share
ü domestic investors who are interested and express their desire to buy FIT shares;
ü in compliance with Article 195 of 2020 Enterprise Law: “Subsidiaries are not allowed to invest in buying shares or contribute capital to the Parent Company. Subsidiaries of the same parent company may not concurrently contribute capital or purchase shares for cross-ownership”;
ü in compliance with Article 42 of Decree No. 155/2020/ND-CP dated 31st December 2020 of the Government detailing the implementation of a number of articles of the Securities Law;
ü Those shares are subject to transfer restriction within 1 year from the date of offering completion;
- Regulations on rights transfer:
+ Time period for right transfer: from 6th May 2022 to 25th May 2022
+ Rights are allowed to transfer to others except for foreign investors
+ Right can be transferred once only
Regulations on subscription:
+ Time period for subscription and payment: from 6th May 2022 to 31st May 2022
+ Subscribed shares are freely transferable.
Payment place:
+ 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 at Company's head office, Level 5, Times Tower – HACC 1 Complex Building, No. 35 Le Van Luong Street, Nhan Chinh ward, Thanh Xuan district, Hanoi and make payment to the blockade account.
- Information on blockade account for subscription:
+ Account holder: F.I.T Group Joint Stock Company
+ Account number: 243.208.688
+ Account opening place: VPbank - Head office
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 10.30 AM, 28th April 2022
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 RIGHTs ISSUE OF FIT SHARES
- Security name: share of F.I.T Group Joint Stock Company
- Record date: 26th April 2022
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: by 10:30 am on 28th April 2022
- Time period for right transfer: from 6th May 2022 to 25th May 2022
- Time period for subscription and payment: from 6th May 2022 to 31st May 2022
- Deadline for members' submission of subscription list and making relevant payment to VSD: 2nd June 2022
- 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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