SJE: Right issue
Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the record date of corporate action processing for the Securities registering institution as follows:
+ Right code: MIRSJE251
+ ISIN code: VNMIRSJE2519
(Effective date of code allocation: 09/07/2025; effective date of code cancellation: 28/08/2025)
+ Planned quantity of issued shares: 18,126,533 shares
+ Issue price: 13,000 VND/share
+ Execution rate: 4:3 (shareholders are entitled to 1 right for each share that they own and to buy 3 new shares for every 4 rights). Treasury shares are not allocated with purchase rights.
- Principle of rounding, handling fractional shares and unsubscribed shares (if any):
+Principle of rounding: for the fractional shares (if any) arising when shareholders exercise their rights, the number of shares that shareholders can purchase will be rounded down to the whole number.
+ Principle for handling fractional shares, principle for handling shares that are not fully purchased:
+ The number of fractional shares, remaining shares because existing shareholders do not exercise their right to purchase (if any), the General Meeting authorizes the Board of Directors to decide to offer for sale to other entities (including but not limited to existing shareholders, members of the Board of Directors, the Supervisory Board, the Board of Management, other executives of the Company) at the offering price equal to the offering price for existing shareholders (VND 13,000/share) ensuring compliance with the provisions of Article 42 of Decree No. 155/2020/ND-CP dated December 31, 2020 of the Government detailing the implementation of a number of articles of the Securities Law. The number of shares offered for sale according to the decision of the Board of Directors will be restricted from transfer within 1 year from the end date of the offering, this restriction does not apply to the number of shares underwritten for sale (if any).
+ The handling of fractional shares and remaining shares must comply with the provisions of Article 42 of Decree 155/2020/ND-CP and ensure other conditions as prescribed in Clause 2, Article 195 of the Law on Enterprises and other relevant regulations.
+ In case the time limit for offering shares expires as prescribed by prevailing laws (including the extended period, if any), if all the shares have not been fully distributed, these remaining shares will be canceled and the Board of Directors will decide to end the offering based on the situation and the actual number of shares offered.
For example: Shareholder Nguyen Van A owns 150 shares on the record date. With the execution rate of 4:3, shareholder Nguyen Van A will be entitled to buy an additional number of new shares of 150*3/4=112.5 shares. Thus, shareholder A will have the right to buy 112 shares.
- Regulations on transfer restrictions:
+ All shares issued to existing shareholders according to the execution rate are freely transferable;
+ The fractional shares due to rounding, the remaining shares that shareholders do not purchase in full (if any) are offered for sale to other entities according to the decision of the Board of Directors, and are restricted from transfer within 01 year from the end date of the offering.
- Regulations on rights transfer:
+ Time for transfer of right issue: From 09/7/2025 to 20/8/2025.
+ Purchase rights can be transferred once, the transferee cannot transfer purchase rights to a third party.
- Regulations on purchased securities:
+ Time for subscription and payment: From 09/7/2025 to 25/8/2025
+ Purchased securities are freely transferable. Fractional shares due to rounding, remaining shares due to shareholders not purchasing in full (if any) are restricted from transfer within 01 (one) year from the end date of the offering.
- 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 Headquarters of Song Da 11 Joint Stock Company - 7th Floor, Song Da Ha Dong Complex building, No. 131 Tran Phu Street, Van Quan Ward, Ha Dong District, Hanoi, during office hours on weekdays. ID card/passports have to be presented.
- Information on blockade account for subscription:
+ Account holder: Song Da 11 Joint Stock Company
+ Account number: 8630027000
+ Account opening place: BIDV – Hoan Kiem Branch.
- Information on VSDC's account for cash transferring:
+ Account number: 1220173177
+ Account name: Viet Nam Securities Depository and Clearing Corporation
+ At the bank: Bank for Investment and Development of Vietnam – Ha Thanh Branch.
Coordination details and procedures for corporate action processing for holders of the above securities between VSDC, the Securities registering institution and depository members are specified in the Guideline on corporate action processing for securities holders at VSDC
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43,853|6,168
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6
-
3,370
-
818
-
37
-
10,070,952