Military Commercial Joint Stock Bank (MCSB) disclosed its plan to issue 12,500,000 new shares to staffs in the employee stock ownership plan (ESOP).
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The employee stock ownership plan :
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Stock: Military Commercial Joint Stock Bank (MCSB)
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Par value: VND10,000/share
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Total shares: 1,000,000,000 shares
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Outstanding shares: 1,000,000,000 shares
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Treasury shares: 0
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Number of shares expected to be issued in this ESOP: 12,500,000
shares
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Total value: VND 125,000,000,000
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Issue ratio: 1.25% of outstanding shares
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Transfer restriction: the new shares will be restricted to
transfer within 01 years from the issue date.
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Time of implementation: from December 24, 2012 to January
04, 2013.
