|
TRA: Resolution of the annual shareholders’ meeting
Traphaco Joint Stock Company (TRA) has informed of the resolution of the annual shareholders’ meeting as follows:
Article 1: Passing issuance of bonus shares to existing shareholders:
* Stock type: Common stock
* Par value: VND10,000
* Issuing volume: 2,039,630 shares
* Total value: VND20,396,300,000
* Objects: Existing shareholders in the shareholder list on the record date (treasury stock is not used for exercising right)
* Issuing method: Shares issued to existing shareholders are distributed under the method of exercising right
* Exercise ratio: 4:1 (A shareholder who owns 4 shares will receive 1 new share)
* Process of fractional parts: The number of bonus shares issued to existing shareholders will be rounded in unit. The fractional parts are bought back by the company for treasury stock at par value. It would be paid in cash. The amount of fractional parts is rounded in hundred dongs.
* For example: Shareholder A who owns 253 shares on the record date will receive (253*1):4 = 63.25 shares. After being rounded in unit, he actually receives 63 shares. The fractional parts of 0.25 will be bought back with the amount of 0.25*VND10,000 = VND2,500.
* Finance source of issuing bonus shares: Share premium
* Listing additional shares:
* The number of bonus shares will be registered for additional listing on HOSE and deposited on the Securities Depository after completing issuance.
* Expected implementation time: Q3/2009
* Authorizing the BOD to do the following issues:
+ Making the issuance plan and choosing the appropriate time to issue shares
+ Doing procedures to implement the issuance
Article 2: The resolution is valid from the signing date as 3rd July 2009.
hose
|
