Monday, 19/06/2023 15:07

VIB: Record date for share issuance to raise capital

On June 15, 2023, the Hochiminh Stock Exchange issued an Announcement No.1062/TB-SGDHCM about the record date of Vietnam International Commercial Joint Stock Bank as follows:

-          Ex-right date: June 22, 2023

-          Record date: June 23, 2023

  1. Reason & Purpose:  to issue bonus shares for capital increase from the owner’s equity
  2. Content:

-          Expected issue volume: 421,534,589 shares

-          Exercise ratio: 100:20 (Those who own 100 shares will receive 20 new shares.)

-          Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be rounded to 0.

-          For example: at the record date, shareholder A owns 82 shares. With 100:20 performing ratio, the shareholder A will receive: 82 *20/100 = 16.4 shares. According to rounding policy, the shareholder A will receive 16 new shares.

-          Place of implementation:

+ For deposited securities: Shareholder will implement procedures to receive dividend at the securities company where shareholders opened securities depository account.

+ For undeposited securities: Shareholder will receive dividend at VIB’s head office on working days. Please present shareholder’s identity card/citizen identity card and Share ownership certificate when receiving dividend at the Head office.

HOSE

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