TMS: TMS adjusts price of convertible bonds

Transforwarding Warehousing Joint Stock Corporation (TRANSIMEX Sai Gon) announced the adjustment of conversion price of convertible bond TMSCB2010 under anti-dilution provisions.

1. Principle to adjust the conversion price:

- The conversion price of bond is adjusted with a rate proportional to the adjustment of reference price of stock:

- Conversion price = The conversion price applied before the issuance x PRt/PR(t-1)

- In which: PRt: adjusted stock price;

               PR(t-1): stock price before adjusting.

2. Price adjustment: Paying cash dividends of the fiscal year 2011: 6%

- Ex-right date: May 11, 2012

- Record date: May 15, 2012

- Adjusting the reference price: On the ex-right date, the reference price of TMS stock on the market was adjusted to decrease by VND600/share on the close price of the previous trading day (from VND27,000/share to VND26,400/share, equivalent to 2.174%).

- Adjusting the conversion price of bond: the conversion price of bond TMSCB2010 was adjusted to decrease from VND18,601 to VND18,188.

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