VAB: Share Issuance for raising share capital from owner's equity
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:
- Execution ratio: 100:10.5 (shareholders owning 1,000 shares will receive 105 new shares).
- Principle of rounding, handling fractional shares (if any): The number of shares additionally issued will be rounded down to the whole number, the fractional shares (if any) will be removed.
For example: Shareholder A owns 179 shares, the number of shares that shareholder will receive is (179 : 100) x 10.5 = 18.795 shares. According to the rounding principle as above, the number of new shares that shareholder A will receive is 18 shares, the fractional shares of 0.795 shares will be cancelled.
- Payment place:
+ Shareholders whose shares have been deposited will receive shares at the depository member where they opened depository account.
+ Shareholders whose shares have not been deposited will receive shares at the Head Office of Viet A Commercial Joint Stock Bank during working hours from Monday to Friday (morning from 9:00 - 11:30, afternoon from 14:00 - 16:30) and ID cards have to be presented, at the address: Viet A Commercial Joint Stock Bank - Board of Directors Office, at Floors 4 and 5, Samsora Premier Building, No. 105 Chu Van An, Ha Dong Ward, Hanoi
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.
VietNam - Asia Commercial Joint Stock Bank 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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