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GTT: The record date for an additional issuance
HOSE announces the record date to issue new shares of Thuan Thao Corporation (GTT) as follows:
* Stock symbol: GTT
* Stock type: Common stock
* Par value: VND10,000
* Ex-right date: October 05, 2010
(In case of put-through trading with volume from 100,000 shares and over on October 05, 2010 & October 06, 2010, sellers will not receive the right)
* Record date: October 07, 2010
* Purpose: To offer new shares to the existing shareholders.
* Expected issue volume: 14,501,000 shares
* Exercise ratio: 2:1 (A shareholder owning 01 share will get 01 right, and owning every 02 rights will be entitled to buy 01 new share.)
- The additional issued shares will be rounded to units. The fraction shares and the unsold shares (If any) will be sold to other objects with price not less than the offering price for the existing shareholders.
For example: Shareholder Nguyen Van A owns 101 shares, the calculation will be: 50.5 shares. Therefore, shareholder A will have the right to buy 50.5 new shares
- Issue price :VND10,000/share
- Time to transfer rights: from October 12, 2010 to November 03, 2010.
- Rights to buy shares are transferred only once.
- The new shares are transferable
- Time to register and deposit money to buy shares: from October 12, 2010 to November 08, 2010.
Bank for blocking depository money:
- Account name: Thuan Thao Corporation
- Account number: 102010001074211 at Vietnam Joint Stock Commercial Bank For Industry and Trade – Phu Yen Branch.
Place of implementation:
- Shareholders whose shares have been deposited: At the securities firms where the shares have been deposited.
- Shareholders whose shares have not been deposited: At Head office Thuan Thao Corporation.
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