|
HAX: The record date for shareholder list
HCMC STC announces the record date for shareholder list as follows:
Name of the listed firm: Hang Xanh Motors Service Joint Stock Company (HAXACO)
Stock symbol: HAX
Stock type: Common stock
Par value: VND10,000
Ex-right date: October 26th 2007
Record date: October 30th 2007
Purpose:
1. Dividend payment in stock:
Pay-out ratio: 12%/par value
Shareholder who owns 100 shares will receive 12 new shares. The number of shares is rounded in unit. The fractional parts will be paid in cash (at par value of VND10,000/share)
The right of receiving dividend in stock is not transferable.
The shares received from dividend payment are transferable freely.
For example: On the record date, shareholder A who owns 1,063 shares will receive 1,063 x 12% = 127.56 shares. After being rounded, he actually receives 127 shares, the fractional parts of 0.56 will be paid in cash as 0.56*10,000 = VND5,600
Estimated paid volume: 195,087 shares
Estimated trading date: January 21st 2008
2. Dividend payment in advance in cash for the first time 2007:
Pay-out ratio: 9%/par value (VND900/share)
Payable date: November 21st 2007
3. Issue bonus shares to members of BOD, Management Board, Supervisory Board:
Bonus shares volume: 10,000 shares
Purpose: reward for implementation exceeding plan.
4. Issue additional shares:
Existing shareholders:
Apportion ratio: 1:1 (shareholder who owns 1 share will have 1 right)
Exercise ratio: 2:1
Shareholder who owns 2 rights on the record date can buy 1 share. The number of shares is rounded in unit. The fractional parts and the shares which shareholders refuse to exercise right will be offered to strategic partners.
For example: On the record date, shareholder Nguyen Van A who owns 953 shares will have right to buy 953:2 = 476.5 shares. After being rounded, he actually buys 476 shares, the fractional parts are 0.5.
The right is transferable.
The shares offered to existing shareholders are not limited to transfer.
Issuing price to existing shareholders: VND15,000/ share
Transference period: from November 13th 2007 to December 6th 2007
Time for registering and depositing money to purchase the shares: from November 13th 2007 to December 10th 2007
Estimated trading date: January 21st 2008
Bank for blocking depository money: 001-083450-042 at HSBC, HCMC.
Estimated volume distributed to existing shareholders: 812,865 shares
Members of BOD, Management Board, Supervisory Board, key employees under the criteria of retaining talents:
Offering volume: 81,286 shares
Issuing price: VND15,000/shares
The shares issued to members of BOD, Management Board, Supervisory Board, key employees are not transferable and can be transferable 100% within 2 years from the issuing date
Private placement to strategic investors:
Offering volume: 1,606,318 shares and the shares which existing shareholders and key employees refuse to exercise their rights.
The shares issued to strategic investors are not transferable 100% within 2 years from the issuing date.
5. A ballot:
Purpose: listing additional shares; the methods of additional issuance to raise chartered capital to VND80 billion in 2008 and business-related issues.
Method for a ballot: send letters
Time for a ballot: from November 8th 2007 to November 22nd 2007
Place to exercise right
Shareholders whose shares have been deposited: at the securities firms where shares have been deposited.
Shareholders whose shares have not been deposited: at accounting department, HAXACO, 10 Dien Bien Phu, Ward 15, Binh Thanh Dist., HCMC.
Viet Nam Securities Depository – Hochiminh Branch will temporarily suspend the depository activities for HAX on October 29th, 30th & 31st 2007.
HoSE
|
