MBS: Share Issuance due to Raising Share Capital from Owner's equity; 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:
1. Share Issuance due to Raising Share Capital from Owner's equity
- Payment rate: 100:3 (Shareholders are entitled to 3 new shares for every 100 shares they own)
- Principle of rounding and handling fractional shares:
+ Principle of rounding: To ensure the number of shares issued not exceeding the number of shares registered for issuance, the number of shares to shareholders will be rounded down to the whole number
+ Principle of handling fractional shares: the fractional shares will be removed.
- For example: on the record date, in accordance with execution rate of 100:3, shareholder A who owns 1,234 shares is entitled to receive (1,234x3)/100=37.02 new shares. According to the principle of rounding, this shareholder will only receive 37 new shares and the fractional shares of 0.02 will be removed.
- Payment place:
+ The holders whose shares have been deposited will receive dividend at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will receive dividend at MB Securities Joint Stock Company, Level 7-8, MB building, no.21 Cat Linh, O Cho Dua ward, Hanoi city. ID cards have to be presented.
2. Right issue
- Right code: MIRMBS251
- ISIN code: VNMIRMBS2517
(Effective date of code allocation: 03/10/2025; effective date of code cancellation: 28/10/2025)
- Planned quantity of issued shares: 68,737,557 shares
- Issue price: 10,000 VND
- Execution rate: 100:12 (shareholders are entitled to 1 right for every one share that they own and to buy 12 new shares for every 100 rights).
- Rounding, handling fractional shares and unsubscribed shares:
+ Rounding principles: For the fractional shares (if any) arising when shareholders exercise their rights, to ensure that the number of shares issued does not exceed the number of shares offered for sale, the number of shares that shareholders can buy will be rounded down to the whole number.
+ Principal for handling unsubscribed shares:
· The number of unsubscribed shares includes:
(1) The number of remaining shares because shareholders do not exercise their purchase rights;
(2) The number of fractional shares arising due to rounding down when calculating the shares purchased by existing shareholders;
· The number of shares that are different between the total number of shares requested for offering (68,737,557 shares) and the total number of shares actually offered to existing shareholders at the ratio of exercising the rights of 100:12 will be cancelled;
· The General Meeting of Shareholders authorizes the Board of Directors to decide to offer the unsubscribed shares to the Military Commercial Joint Stock Bank and/or other Investors at an offering price of VND 10,000/share, equal to the offering price to existing shareholders.
The General Meeting approves the criteria for selecting other Investors to offer the unsubcribed shares, and authorizes the Board of Directors to look for and select these Investors, specifically as follows:
Criteria for selecting Investors to offer the unsubscribed shares:
· Domestic and foreign organizations and individuals who express interest, desire and have sufficient financial capacity to invest in MBS shares;
· Investors who are able to contribute to the development of MBS;
· Investors whose business activities do not affect the interests of MBS.
The unsubscribed shares mentioned above whenbeing offered to the Military Commercial Joint Stock Bank and/or other entities as decided by the Board of Directors will be restricted from transfer within 1 year from the date of closing the offering.
The distribution of unsold shares to other investors must satisfy the conditions under the 2020 Enterprise Law, the 2019 Securities Law, Decree No. 155/2020/ND-CP and relevant legal regulations, including but not limited to the following conditions:
· Comply with the provisions of Clause 2, Article 195 of the 2020 Enterprise Law: “A subsidiary is not allowed to invest in buying shares or contributing capital to the parent company. Subsidiaries of the same parent company are not allowed to simultaneously contribute capital or buy shares to cross-own each other.”
· Ensure the conditions for offering as prescribed in Article 42 of Decree No. 155/2020/ND-CP issued by the Government on 31/12/2020 detailing the implementation of a number of articles of the Securities Law.
At the time of distribution of the remaining undistributed shares, the investors on the list of those to be distributed the remaining undistributed shares and the related persons of this investor are not allowed to participate in voting at any meeting to approve this content of MBS.
- For example:
Shareholder A owns 1,234 shares on the record date of shareholders exercising the right to purchase additional issued shares. With the right exercise ratio of 100:12, shareholder A is entitled to purchase shares of (1,234*12)/100=148.08 new shares. After rounding down, the number of shares that shareholder A can buy at the price of VND 10,000/share is 148 shares. The number of fractional shares is 0.08 shares. Thus, shareholder A has the right to buy 148 additional shares issued at the price of VND 10,000/share. The number of fractional shares is 0.08 shares.
- Regulations on rights transfer:
+ Time period for right transfer: from 03/10/2025 to 15/10/2025.
+ Purchase rights can be transferred once.
- Regulations on subscription:
+ Time period for subscription and payment: from 03/10/2025 to 23/10/2025.
+ Subscribed 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 Company Head Office, address: Area 1 - Floor 7 - 8, MB Building, No. 21 Cat Linh, O Cho Dua Ward, Hanoi City.
- Information on blockade account for subscription:
+ Account holder: MB Securities Joint Stock Company
+ Account number: 054596103
+ Account opening place: Vietnam International Commercial Joint Stock Bank
- Information on VSDC's account for cash transferring:
+ Account name: Viet Nam Securities Depository and Clearing Corporation
+ Account number: 1220173177
+ 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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44,442|6,228
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0
-
3,520
-
826
-
37
-
10,753,899