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LBM: The record date for the second dividend payment in advance and additional share issuance
HOSE announces the record date for the second dividend payment in advance for 2008 and the additional share issuance as follows:
* Name of the listed firm: Lam Dong Mineral and Building Material Joint Stock Company (LBM)
* Stock symbol: LBM
* Stock type: Common stock
* Par value: VND10,000
* Ex-right date: 06/02/2009
* Record date: 10/02/2009
* Purposes:
1. The second dividend payment in advance 2008:
* Exercise ratio: 3%/par value
* Payment date: 17/03/2009
2. Additional issuance:
a. Offering shares to existing shareholders:
* Offering volume: 3,729,496 shares
* Exercise ratio: 100:93 (a shareholder who owns 100 shares on the record date can buy 93 new shares). The number of additionally-issued shares is rounded in unit. The fractional parts (if any) and the shares which shareholders refuse to exercise their right will be offered to strategic partners.
For example: On the record date, shareholder Nguyen Van A who owns 3,520 shares, equivalent to 3,520 rights will have right to buy (3,520 x 93):100 = 3,273.60 shares. After being rounded, he can actually buy 3,273 shares.
* Offering price: VND12,000/share
* Transference principle: the right should be transferred only once and not done again to the third one.
* Additionally-issued shares are allowed to transfer.
* Transference period: from 25/02/2009 to 20/03/2009
* Time for registering and depositing money: from 25/02/2009 to 27/03/2009
* Place of payment:
+ Shareholders whose shares have been deposited: at the securities firms where shares have been deposited.
+ Shareholders whose shares have not been deposited: at head office of the company, 17B Phu Dong Thien Vuong, Ward 8, Da Lat City, Lam Dong Province.
b. Offering shares to employees:
* Expected volume: 199,278 shares
* Offering price: VND16,600/share
* Shares are offered to the employee list approved by the BOD
* Preferred shares offered to employees are limited 50% of transference in one year.
*Time for registering and depositing money: from 02/02/2009 to 27/03/2009
*Offering shares to strategic partners:
* Expected volume: 435,666 shares
c. Offering price: VND17,000/share
* Criteria of choosing strategic partners is approved by the BOD. In addition, the BOD offers all fractional parts and the shares which shareholders and/or employees refuse to exercise their right.
* Shares offered to strategic partners are limited 50% of transference in one year.
*Offering period: from 02/02/2009 to 27/03/2009
* Bank for blocking depository money:
+ Bank for Investment and Development of Vietnam – Lam Dong Branch
+ Account No.: 641 10 00 0385 833
Viet Nam Securities Depository – Hochiminh Branch will temporarily suspend the depository activities for LBM on February 9th, 10th & 11th 2009.
HoSE
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