CVN: Right issue
Vietnam Securities Depository (VSD) would like to announce the record date as follows:
- Right code: MIRCVN221
- ISIN: VNMIRCVN2213
(Effective date of code allocation: 24th June 2022; effective date of code cancellation: 1st August 2022)
- Planned quantity of issued shares: 9,899,997 shares
- Issue price: 10,000 VND/share
- Execution rate: 2:1 (shareholders are entitled to 1 right for each share that they own and to buy 1 new share for every 2 rights)
- Principle of rounding, handling the fractional shares and unsubscribed shares (if any):
+ Principle of rounding: the number of shares entitled to buy will be rounded down.
Example: shareholder Nguyen Van A who owns 123 shares is entitled to buy 61.5 new shares (123/2=61.5). According to the above principle, shareholder A will be entitled to buy 61 shares, the 0.5 fractional shares will not be exercised.
+ Principle of handling fractional shares, unsubscribed shares (if any):
ü the General meeting authorizes the Board of Directors (BOD) to distribute the unsubscribed shares, fractional shares to domestic institutions/individuals with offering conditions, methods and price not more favorable than that offered to existing shareholders in compliance with provisions in Article 42 Decree no.155/2020/NĐ-CP dated 31st December 2020 and other prevailing regulations.
ü The unsubscribed shares and fractional shares distributed by the BOD to other parties are subject to transfer restriction within 1 year from the date of offering completion.
ü Upon expiration of share distribution as stipulated by prevailing laws (including the extended time if any), if there are still undistributed shares, these shares will be canceled and the BOD will decide to end the offering. The handling of offered shares is in compliance with the provisions of Clause 2, Article 195 of Enterprise Law, Article 42 of Decree No. 155/2020 / ND-CP dated 31 December 2020, ensuring the maximum foreign ratio at the Company and ensure other conditions in accordance with prevailing laws
- Regulations on rights transfer:
+ Time period for right transfer: from 24th June 2022 to 21st July 2022
+ Right is transferred once. Transferee is not allowed to transfer to the third parties. Existing shareholders are allowed to transfer their rights to other domestic institutions, individuals.
- Regulations on subscription:
+ Time period for subscription and payment: from 24th June 2022 to 27th July 2022
+ Shares are 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 the Office of Vinam Joint Stock Company, level 6, VTC Online building, no.18 Tam Trinh, Minh Khai ward, Hai Ba Trung district, Hanoi.
- Information on blockade account for subscription:
+ Account holder: Vinam Joint Stock Company
+ Account number: 1016940878
+ Account opening place: SHB - Kinh Do Branch
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, 21st June 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 RIGHT ISSUE
- Security name: shares of Vinam Joint Stock Company
- Record date: 17th June 2022
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: by 10.30 am on 21st June 2022
- Time period for right transfer: from 24th June 2022 to 21st July 2022
- Time period for subscription and payment: from 24th June 2022 to 27th July 2022
- Deadline for members' submission of subscription list and making relevant payment to VSD: 29th July 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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43,683|6,150
-
6
-
3,319
-
810
-
37
-
9,686,077