Thursday, 06/12/2012 10:39

MBB: The record date for rights offering

Military Commercial Joint Stock Bank announces the record date for rights offering:

-         Stock symbol:   MBB                            

-         Stock type:         Common stock

-         Par value:          VND10,000

-         Ex-right date:    December 12, 2012

-         Record date:    December 14, 2012

-         Purpose:           to implement shareholders’ rights

-         Volume registered to issue: 50,000,000 shares

-         Exercise ratio:  20:1 (Holders of the Company’s common stock as on the record date will be entitled to receive one right per share. Each 20 rights will entitle its holder to purchase 01 share).

-         Plan for fractional and undistributed shares:

+         The distributed shares will be rounded down. The fractional shares which are less than 01 will be rounded to zero.

+         The undistributed shares (if any) and fractional parts will be offered to other investors by the Board of Directors.

For example, if shareholder A owns 115 shares at the record date, he will receive: 115x1/20 = 5.57 shares. However, because of rounding down, he will receive only 5 new shares.

Principle for rights transfer:

-         Time of transfer: from December  24, 2012 to the end of January 04, 2013

-         Rights are transferred only once at the price agreed by 2 partners and not done again to the third one.

Regulation on stock purchase:

-         Time for registration and payment: from December 24, 2012 to the end of January 14, 2013.

-         The new shares are transferable.

Place of implementation:

-         Shareholders whose shares have been deposited: shareholders make procedures to transfer rights and deposit money to buy shares at the securities firms where the shares have been deposited.

-         Shareholders whose shares have not been deposited: shareholders make procedures to transfer rights and deposit money to buy shares at floor 6, Toseco Building, 273 kim Ma Street, Ba Dinh District, Ha Noi City.

HOSE

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