Friday, 18/01/2013 15:34

PHT: Notice of delisting shares and record date for stock conversion

On January 17, 2013, the Hochiminh Stock Exchange (HOSE) issued Announcement No.33/2013/TB-SGDHCM declaring the delisting of stock and the record date for stock conversion into TLH shares as follows:

  1. Delisting shares:

-        Record date: January 23, 2013

-        Effective delisting date: January 24, 2013

-        Number of shares delisted: 21,440,030 shares

-        Total value: VND 214,400,300,000

-        Delisting shares at Hochiminh Stock Exchange according to Decision No. 09/2013/QD-SGDHCM dated January 14, 2013.

  1. Record date for stock conversion into TLH shares:

-         Record date: January 28, 2013

-         Purpose: Stock conversion to convert into TLH shares of Tien Len Steel Corporation Joint - Stock Company, according to the merger plan approved by the 2012 extraordinary meeting of shareholders.

-         Exercise rate: 1:1,25 (A shareholder owning 01 PHT share will receive 1.25 TLH shares)

-         The volume receive will be rounded to units. The fractional parts (if any) will be cancelled.

For example: At the record date, shareholder Nguyen Van A owns 1,243 PHT shares. After rounding down, the number of dividend he receives will be 1,553 TLH shares

Place of implementation:

-        Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.

-        Shareholders whose shares have not been deposited: at Tien Len Steel Corporation Joint - Stock Company - G1A Dong Khoi Street, Tan Hiep ward, Bien Hoa City, Dong Nai City.

-        After January 29, 2013, PHT has no value for transaction and transfer.

HOSE

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