SCL: Right issue
Date update 07/10/2025 - 17:24:19
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:
Securities registration institution's name:
Song Da Cao Cương Joint Stock Company
Securities name:
Shares of Song Da Cao Cương Joint Stock Company
Securities code:
SCL
ISIN:
VN000000SCL9
Par value:
10,000 VND
Trading Platform:
UpCOM
Securities type:
Securites
Record date:
20/10/2025
Reason:
Right issue
+ Right code: MIRSCL251
+ ISIN code: VNMIRSCL2517
(Effective date of code allocation: 27/10/2025; effective date of code cancellation: 20/11/2025)
+ Planned quantity of issued shares: 8,000,000 shares
+ Issue price: 12,500 VND/share
+ Execution rate: 28:10 (shareholders are entitled to 1 right for each share that they own and to buy 10 new shares for every 28 rights).
- Principle of rounding, handling fractional shares and unsubscribed shares (if any):
+ The number of shares that issued to existing shareholders will be rounded down to the whole number.
+ The number of redistributed shares, including the fractional shares arising from rounding down (if any) and the number of shares not fully offered for sale due to investors not subscribing to buy or not making payment for the purchase (if any), will be authorized by the General Meeting (GM) to the Board of Directors (BOD) to distribute to other subjects with offering conditions, conditions on rights and obligations of investors no more favorable than the offering conditions for existing shareholders (including the offering price not lower than the selling price for existing shareholders), the specific price will be decided by the BOD. The selection of the subjects to be purchased has to be in line with the provisions of Article 42 of Decree No. 155/2020/ND-CP dated December 31, 2020.
+ The subjects whose names are on the list in the Proposal for issuance plan No. 394/TTr-HĐQT dated March 31, 2025 do not have to carry out the public offering procedure in case the purchase of redistributed shares causes the SCL share ownership ratio to reach the ownership ratio thresholds prescribed in Article 35 of the 2019 Securities Law. The subjects whose names are on the list are entitled to purchase 10% or more of SCL's charter capital as prescribed in Clause 3, Article 42, Decree No. 155/2020/ND-CP dated December 31, 2020.
+ The fact that a subject is listed in the Proposal for issuance plan No. 394/TTr-HĐQT dated March 31, 2025 does not mean that subject has the right to purchase shares subject to continued redistribution in all cases. The BOD will base on the actual situation to choose to continue offering shares to one or more subjects in the approved list or other subjects outside the list (if appropriate to the actual situation) and report to the General Meeting at the nearest meeting. The selection of subjects to purchase must comply with the provisions of Article 42 of Decree No. 155/2020/ND-CP dated December 31, 2020.
+ In case of the end of the offering, the remaining number of shares not fully distributed will be cancelled. The Company increases its charter capital according to the number of shares actually issued.
+ The fractional number of shares, the number of shares not offered for sale because investors did not register to buy, did not pay for the purchase, and are distributed further are restricted from transfer within a minimum period of 1 year from the closing date of the offering.
For example: On the record date to exercise the rights of existing shareholders, shareholder Nguyen Van A currently owns 600 shares. The number of shares that shareholder A can buy is 214 shares (600*10/28 = 214.29 rounded to 214 shares and the odd number of 0.29 shares will be distributed further).
- Regulations on rights transfer:
+ Time for transfer of right issue: From 27/10/2025 to 13/11/2025.
+ Purchase rights can be transferred once (the transferee cannot transfer to a third party).
- Regulations on subscribed securities:
+ Time for subscription and payment: From 27/10/2025 to 17/11/2025
+ Subscribed securities 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 Finance - Accounting Department, Song Da Cao Cuong Joint Stock Company, address: No. 214 Le Thanh Tong Street, Chi Linh Ward, Hai Duong City (on weekdays) starting from October 27, 2025. Legal documents of the individual/institution have to be presented.
- Information on blockade account for subscription:
+ Account holder: Song Da Cao Cuong Joint Stock Company
+ Account number: 4610023137
+ Account opening place: Bank for Investment and Development of Vietnam – Bac Hai Duong 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
+ ISIN code: VNMIRSCL2517
(Effective date of code allocation: 27/10/2025; effective date of code cancellation: 20/11/2025)
+ Planned quantity of issued shares: 8,000,000 shares
+ Issue price: 12,500 VND/share
+ Execution rate: 28:10 (shareholders are entitled to 1 right for each share that they own and to buy 10 new shares for every 28 rights).
- Principle of rounding, handling fractional shares and unsubscribed shares (if any):
+ The number of shares that issued to existing shareholders will be rounded down to the whole number.
+ The number of redistributed shares, including the fractional shares arising from rounding down (if any) and the number of shares not fully offered for sale due to investors not subscribing to buy or not making payment for the purchase (if any), will be authorized by the General Meeting (GM) to the Board of Directors (BOD) to distribute to other subjects with offering conditions, conditions on rights and obligations of investors no more favorable than the offering conditions for existing shareholders (including the offering price not lower than the selling price for existing shareholders), the specific price will be decided by the BOD. The selection of the subjects to be purchased has to be in line with the provisions of Article 42 of Decree No. 155/2020/ND-CP dated December 31, 2020.
+ The subjects whose names are on the list in the Proposal for issuance plan No. 394/TTr-HĐQT dated March 31, 2025 do not have to carry out the public offering procedure in case the purchase of redistributed shares causes the SCL share ownership ratio to reach the ownership ratio thresholds prescribed in Article 35 of the 2019 Securities Law. The subjects whose names are on the list are entitled to purchase 10% or more of SCL's charter capital as prescribed in Clause 3, Article 42, Decree No. 155/2020/ND-CP dated December 31, 2020.
+ The fact that a subject is listed in the Proposal for issuance plan No. 394/TTr-HĐQT dated March 31, 2025 does not mean that subject has the right to purchase shares subject to continued redistribution in all cases. The BOD will base on the actual situation to choose to continue offering shares to one or more subjects in the approved list or other subjects outside the list (if appropriate to the actual situation) and report to the General Meeting at the nearest meeting. The selection of subjects to purchase must comply with the provisions of Article 42 of Decree No. 155/2020/ND-CP dated December 31, 2020.
+ In case of the end of the offering, the remaining number of shares not fully distributed will be cancelled. The Company increases its charter capital according to the number of shares actually issued.
+ The fractional number of shares, the number of shares not offered for sale because investors did not register to buy, did not pay for the purchase, and are distributed further are restricted from transfer within a minimum period of 1 year from the closing date of the offering.
For example: On the record date to exercise the rights of existing shareholders, shareholder Nguyen Van A currently owns 600 shares. The number of shares that shareholder A can buy is 214 shares (600*10/28 = 214.29 rounded to 214 shares and the odd number of 0.29 shares will be distributed further).
- Regulations on rights transfer:
+ Time for transfer of right issue: From 27/10/2025 to 13/11/2025.
+ Purchase rights can be transferred once (the transferee cannot transfer to a third party).
- Regulations on subscribed securities:
+ Time for subscription and payment: From 27/10/2025 to 17/11/2025
+ Subscribed securities 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 Finance - Accounting Department, Song Da Cao Cuong Joint Stock Company, address: No. 214 Le Thanh Tong Street, Chi Linh Ward, Hai Duong City (on weekdays) starting from October 27, 2025. Legal documents of the individual/institution have to be presented.
- Information on blockade account for subscription:
+ Account holder: Song Da Cao Cuong Joint Stock Company
+ Account number: 4610023137
+ Account opening place: Bank for Investment and Development of Vietnam – Bac Hai Duong 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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