Vietnam Securities Depository and Clearing Corporation News

SVL: Cancellation of Securities Registration

Date update 13/05/2022 - 16:02:58

Vietnam Securities Depository (VSD) would like to announce the securities registration cancellation of the issuer as follows:

Securities name:

shares of Sovilaco International Manpower Joint Stock Company

Securities code:

SVL

ISIN:

VN000000SVL9

Par value:

10,000 VND

Quantity of registration-cancelled securities:

3,270,858 Securites

Value of registration-cancelled securities:

32,708,580,000 VND

Reason:

Sovilaco International Manpower Joint Stock Company, an equitized enterprise but not a public company, cancelled securities trading registration and requested to cancel its securities registration at VSD.

Valid date:

25/05/2022

- On 19th May 2022, VSD shall fix the list of SVL share owners to cancel registration.
Members are requested to cooperate with VSD to implement the following tasks:
- From 18th May 2022, VSD will not accept lodging, withdrawal and ownership transfer of SVL shares. DMs are kindly request to inform investors accordingly.
- On 20th May 2022, VSD will create and send the list of SVL deposited share owners (report code CA001) to DMs in the electronic form.
Depository members (DMs) are requested to compare share 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, 23rd May 2022
If DMs do not send confirmation document by the above deadline, VSD will consider the list provided to DMs by VSD accurate and confirmed for VSD to send the list of shareholders to issuer. In case of arising disputes and losses to shareholders, DMs will have to bear all the related responsibilities.
- From 25th May 2022, the share code of SVL, ISIN VN000000SVL9 issued by VSD will become invalid and VSD will not accept registration, depository, clearing and settlement of SVL shares. VSD will automatically withdraw all deposited SVL shares on the valid date of registration cancellation. Members are requested to withdraw SVL shares from investors' accounts on 25th May 2022 and inform relevant investors to contact the Issuer to make procedures of issuing Passbook/Certificate of share ownership.
This notification is for Members' information and action.

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