CKG: Right issue
Viet Nam Securities Depository and Clearing Corporation (VSDC) - Hochiminh Branch would like to announce the record date as follows:
- Right code: MIRCKG251
- ISIN: VNMIRCKG2512
(Effective date of code allocation: 14/05/2025; effective date of code cancellation: 09/06/2025)
- Planned quantity of issued shares: 47,629,680 shares
- Issue price: 10,500 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, handling the fractional shares: The fractional shares (if any) arising when exercising rights, to ensure not exceeding the number of shares offered, the number of additional shares that shareholders are entitled to buy will be rounded down to the whole number, the decimal fractional shares (if any) will be rounded down to 0 share.
Example: shareholder A who owns 1,001 shares is entitled to buy 1,001x1/2= 500.5 shares. According to the rouding principle, shareholder A is entitled to buy 500 shares, the 0.5 fractional shares is rounded to 0 share.
+ Principle of handling unsubscribed shares: the remaining shares include:
(1) the number of shares that existing shareholders refuse to exercise right
(2) the fractional shares due to rounding down upon calculating the shares that existing shareholders are entitled to buy
+ The remaining shares will continue to be offered to existing shareholders or employees of the Company who wish to register to buy or choose to sell to other investors at a price not lower than the price offered to existing shareholders.
+ The remaining shares, when offered to other entities under this Plan, will be subject to transfer restrictions for a period of 01 year from the date of completion of the offering period in accordance with prevailing laws.
+ In the event of expiry of share distribution in accordance with the provisions of prevailing laws (including the extended period, if any), if there are still undistributed shares, these undistributed shares will be cancelled and the Board of Directors will decide to end the offering period.
- Regulations on rights transfer:
+ Time period for right transfer: from 14/05/2025 to 29/05/2025
+ Shareholders have the right to transfer the right to purchase shares to others at a price agreed upon by both parties and can only transfer once. Transferees are not allowed to transfer to the 3rd parties.
- Regulations on subscription:
+ Time period for subscription and payment: from 14/05/2025 to 04/06/2025
+ 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 Kien Giang Construction Investment Consulting Group Joint Stock Company - 34 Tran Phu, Vinh Thanh, Rach Gia, Kien Giang
- Information on blockade account for subscription:
+ Account holder: Kien Giang Construction Investment Consulting Group Joint Stock Company
+ Account number: 7700201013622
+ Account opening place: Vietnam Bank for Agriculture and Rural Development - Kien Giang Province Branch
Schedule of processing right issue by Depository member 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 VSDC 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, VSDC's members are requested to send written notice on details of errors for necessary correction.
Deadline for sending confirmation: by 10.30 AM, 08/05/2025.
If DMs do not send confirmation document by the above deadline, VSDC will consider the list provided to DMs by VSDC 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 Kien Giang Construction Investment Consultancy Group
- Record date: 06/05/2025
- Deadline for depository members’ submission of Confirmation of securities owners entitled to right issue: by 10.30 am on 08/05/2025
- Time period for right transfer: from 14/05/2025 to 29/05/2025
- Time period for subscription and payment: from 14/05/2025 to 04/06/2025
- Deadline for members' submission of subscription list and making relevant payment to VSD: 06/06/2025.
- Account for cash transferring:
+ Account number: 1190078737
+ Account name: Viet Nam Securities Depository and Clearing Corporation
+ At the bank: Bank for Investment and Development of Vietnam – Nam Ky Khoi Nghia Branch.
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43,509|6,134
-
6
-
3,319
-
809
-
37
-
9,686,077