Fecon Foundation Engineering and Underground Construction Joint Stock Company announces the record date to pay dividend in stock and rights offering as follows:
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Stock symbol: FCN
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Ex-right
date: November 09, 2012
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Record date: November
13, 2012
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Purpose:
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To pay dividend in stock for year 2011
To implement shareholders’ r
1. To pay dividend in stock for year 2011: 2,761,032 shares
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Exercise ratio: 5:1 (A shareholder owning 05 shares will
receive 01 new share)
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The volume receive will be rounded to units. The
undistributed shares (if any) and fractional parts will be offered to other
investors by the Board of Directors at a price not less than the price offered
to the existing shareholders.
For example, if
shareholder A owns 23,543 shares at the record date, he will
receive: (23,543*20)/100 = 4,708.6 shares. However, because of rounding
down, he will receive only 4,708 new shares.
Place of
implementation:
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Shareholders whose shares have been deposited: at
the securities firms where the shares have been deposited.
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Shareholders whose shares have not been deposited:
at head office of Fecon Foundation Engineering and Underground Construction
Joint Stock Company.
2. To implement shareholders’ r533,086 shares
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Exercise ratio: 26:01 (A shareholder owning 01 share
will receive 01 right, 26 rights will be entitled to buy 01 new share)
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Issue price: VND20,000/share
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The number of shares offered to existing
shareholders will be rounded to units. The undistributed shares (if any) and
fractional parts will be offered to other investors by the Board of Directors
at a price not less than the price offered to the existing shareholders.
For example: At the
record date, shareholder Nguyen Van A owns 36,239 shares, the
calculation will be: (36,239*1)/26 =
1,393.8 new shares. Therefore, shareholder A
will have the right to buy 1,393 new shares.
Principle for rights transfer:
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Time of transfer: from November 20, 2012 to December
10, 2012.
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Rights are transferred only once at the price agreed
by 2 partners and not done again to the third one.
Regulation
on stock purchase:
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Time for registration and payment: From November 20,
2012 to December 26, 2012.
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The new shares are transferable.
Place of
implementation:
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Shareholders whose shares have been deposited: at
the securities firms where the shares have been deposited.
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Shareholders whose shares have not been deposited:
at head office of Fecon Foundation Engineering and Underground Construction
Joint Stock Company.
Bank for
blocking depository money:
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Account name: Fecon Foundation Engineering and
Underground Construction Joint Stock Company
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Account number of VND: 0571102579008
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Account number of USD: 0571102577008
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at MB Bank – Hoan Kiem Branch.
