VBB: Share issuance for raising share capital from owner's equity
Viet Nam Securities Depository and Clearing Corporation - Hochiminh Branch (CNVSDC) would like to announce the record date for corporate actions processing for the Securities Registering Institution as follows:
- Execution rate: 100:10 (shareholder are entitled to receive 10 new shares for 100 shares they own)
- Principle of rounding and principle of handling fractional shares (if any):+ The number of shares issued is calculated as an integer; the decimal portion will not be rounded to 1 share.
+ Any fractional shares arising from the decimal place (if any) will be canceled.
- Example: Shareholder A owned 115 shares. With an issuance ratio of 10%, Shareholder A received 115 x 10/100 = 11.5 shares. According to the rounding principle, Shareholder A receives 11 shares, and the fractional shares (0.5 shares) will be cancelled.
- Payment place:
+ The holders whose shares have been deposited will receive shares at the depository member where they opened depository account.
+ The holders whose shares have not been deposited will receive shares at + Shareholders whose shares have not been deposited: The bondholder carries out procedures to receive shares issued to raising share capital from equity at at the Vietbank Board of Directors Office, 11th Floor, Lim 2 Building, 62A Cach Mang Thang 8, Ward 6, District 3, Ho Chi Minh City during office hours and:
· For individual shareholders: ID cards for shareholders with Vietnamese nationality; Passport/documents in lieu of passport for shareholders without Vietnamese nationality.
· For institutional shareholders: ID card for legal representatives, authorized representatives who are individuals with Vietnamese nationality; Passport or documents in lieu of passport for legal representatives, authorized representatives who are individuals without Vietnamese nationality; Authentication documents for legal representatives, authorization documents of the authorizing organization in accordance with prevailing regulations in the case of authorized representation.
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.
LAM DONG INVESTMENT AND HYDRAULIC CONSTRUCTION JOINT-STOCK COMPANY and the parties involved in the process of preparing the dossier, documents of corporate action processing are fully responsible before the law for the legality, accuracy, truthfulness and completeness of the dossier; Institutions and individuals participating in the confirmation of records and documents shall be legally responsible within the scope related to such records and documents as prescribed in Clause 1, Article 11a of the Securities Law No. 54/2019/QH14 dated 26/11/2019, supplemented by Clause 4, Article 1 of Law No. 56/2024/QH15 dated 29/11/2024.
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