TPP: Right issue
Vietnam Securities Depository (VSD) - Hochiminh Branch would like to announce the record date as follows:
+ Right code: MIRTPP221
+ ISIN code: VNMIRTPP2210
(Effective date of code allocation: 25th August 2022; effective date of code cancellation: 21st September 2022)
+ Planned quantity of issued shares: 15,000,000 shares
+ Issue price: 10,000 VND/share
+ Execution rate: 2:1
. Right allocation: 1:1 (shareholders are entitled to 1 right for each share that they own)
. Right execution: 2:1 (to buy 1 new share for every 2 rights).
- Principle of rounding: The number of shares issued will be rounded down to the unit.
- Principle of handling the fractional shares, unsubscribed shares:
+ The fractional shares (if any) and the remaining shares because the shareholders do not buy all (if any), the General Meeting will authorize the Board of Directors to decide on parties and quantity of distribution in order to bring the highest benefits to the Company. Those redistributed shares (if any) are subject to transfer restriction within 1 year from the date of offering completion.
+ The company will handle the fractional shares as stipulated in Article 42, Decree 155. If those shares distributed to shareholders are subject to tender offer as stipulated in Clause 1 Article 35 of 2019 Securities Law, the Company will comply with the law.
Example: Shareholder A who owns 1,201 shares at the closing date of the shareholder list. According to the ratio of the right issue 2:1, the number of shares bought by shareholder A is 600.5 shares (1,201: 2 x 1 = 600.5). According to the rounding principle down to the unit, shareholder A will be entitled to buy 600 shares.
- Regulations on rights transfer:
+ Time period for right transfer: from 25th August 2022 to 12th September 2022
+ Purchase right can be transferred once only. Transferor is not allowed to transfer to the 3rd party. Issued shares are not subject to transfer restriction.
+ The holders with shares subject to transfer restriction are entitled to buy in this issuance.
- Regulations on subscribed shares:
+ Time period for subscription and payment: from 25th August 2022 to 16th September 2022
+ 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 Tan Phu Viet Nam Joint stock company, 314 Luy Ban Bich, Hoa Thanh ward, Tan Phu district, Hochiminh city
- Information on blockade account for subscription:
+ Account holder: Tan Phu Viet Nam Joint stock company
+ Account number: 1027729255
+ Account opening place: Vietcombank - Ha Thanh Branch
Schedule for DMs to process right issue with VSD branch 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, 23rd August 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 OF SHARES
- Security name: Shares of Tan Phu Viet Nam Joint stock company
- Record date: 19th August 2022
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: 23rd August 2022
- Time period for right transfer: from 25th August 2022 to 12th September 2022
- Time period for subscription and payment: from 25th August 2022 to 16th September 2022
- Deadline for members' submission of subscription list and making relevant payment to VSD: 20th September 2022
- Account for cash transferring:
+ Account number: 119.10.00.007873.7
+ Account name: Vietnam Securities Depository - Hochiminh Branch
+ At the bank: Bank for Investment and Development of Vietnam – Nam Ky Khoi Nghia Branch.
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43,683|6,150
-
6
-
3,337
-
812
-
37
-
9,880,100