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NHH: BOD approved the record date for implementing rights The Board resolution dated October 20, 2020, the BOD of Hanoi Plastics Joint Stock Company approved the record date for implementing rights with the following details:
1) Record date: November 03, 2020
2) Reason & purpose: to implement rights to buy shares.
3) Content:
- Expected issue volume: 2,000,000 shares
- Issue price: VND 45,000/share
- Exercise ratio: 861:50 (01 share will receive 01 right, and with every 861 rights will be entitled to purchase 50 new shares).
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares and the shares refused to buy (if any) will be decided by the Board of Directors.
- For example: At the record date, the shareholder A owns 862 shares. With 861:50 performing ratio, the shareholder A will purchase: (862/861) * 50 = 50.06 shares. According to rounding policy, the shareholder A purchases 50 new shares.
- The rights should be transferred only once.
- Time for rights transference: from November 11, 2020 to November 25, 2020
- Time for subscription and deposit: from November 11, 2020 to November 30, 2020
- The new shares are freely transferable.
- Place to receive subscription
+ Shareholders whose shares have been deposited: at the securities firms where shares have been deposited.
+ Shareholders whose shares have not been deposited: at Hanoi Plastics Joint Stock Company.
- Bank for blocking depository money:
+ Account holder: Hanoi Plastics Joint Stock Company
+ Account number: 119601079666
+ Bank: Viet Nam Joint Stock Commercial Bank For Industry And Trade – Hai Duong Industrial zone branch.
HOSE
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