Hung Vuong Corporation announced a resolution of the Board of Directors dated July 03, 2012 as follows:
Article 1: The AGM approved to issue bonus shares for increasing
equity up VND791,976,870,000.
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Charter capital:
VND659,980,730,000
-
Total shares:
65,998,073 shares
-
Objects: the
shareholders are in the list recorded
-
Exercise ratio:
100:20 (a shareholder owning 01 share will get 01 right, 100 right will get 20
bonus share). Plan to deal with fractional shares:
The
distributed shares will be rounded down. The fractional shares will be
canceled.
For example, if
shareholder A owns 201 shares at the record date, he will receive: 201x20/100 =
40.2 shares. However, because of rounding down, he will receive only 40 new
shares and 0.2 shares will be canceled.
-
Issue expected
volume: 13,199,614 shares
-
Finance
resource: 100% of capital surplus until December 31, 2011
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Rights to buy
shares are not transferred
-
Shares are
transferred
-
Payment date:
Securities Commission of State
allow to issue.
-
Charter capital after issuing:
VND791,976,870,000
Article 2: The AGM approved to list additional shares on HOSE.
Article 3: The AGM authorized the Board of Directors to implement
necessary procedures to complete the issue and register new charter capital.
