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TCM: New Stock Issuance
HOSE would like to announce the record date for new stock issuance of Thanh Cong Textile Garment Investment Trading Joint Stock Company as follows:
- Stock symbol : TCM
- Stock type : common stock
- Par value : VND10,000
- Ex-right date : October 08, 2008
- Record date : October 10, 2008
- Purpose: to offer shares to the existing shareholders
- Exercise ratio : 3:2
The one who own three shares at the record date will have the right to buy two new shares. The issuing volume will be rounded down. The fraction share and the shares refused to buy by each existing shareholder will be offered by the Board of Directors at the price not less than the one offered to the existing shareholders.
For example, at the record date, shareholder Nguyen Van A currently owns 100 shares, the calculation as follows:
* The number of shares distributed in theory: 100 shares x 2 : 3 = 66.66 shares
* The number of shares in practical: 66 shares
- Issuing price : VND10,000/share
- Issuing date : expected on December 19, 2008
- Issuing volume : 13,779,365 shares
+ Transference principle:
Time to transfer rights: from October 17, 2008 to November 14, 2008
Time to register to buy shares: from October 17, 2008 to November 18, 2008
The shares additionally issued are transferable.
+ Place to register and deposit to buy stock:
- Shareholders whose shares have been deposited: at the securities firms where shares have been deposited.
- Shareholders whose shares have not been deposited: at Thanh Cong Textile Garment Investment Trading Joint Stock Company.
+ Bank for blocking depository money:
Bank for Foreign Trade of Vietnam (Vietcombank) – HCMC Branch 13 Ky Dong, Ward 9, Dist.3, HCMC.
- Name of account owner: Thanh Cong Textile Garment Investment Trading Joint Stock Company
- Account number: 007.1.00.403096.8
Viet Nam Securities Depository – Hochiminh Branch will temporarily suspend the depository activities for TCM on October 09, 10 and 13, 2008.
HoSE
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