Monday, 11/03/2013 16:10

VTF: The record date for the 2013 annual general meeting & rights offering

On March 08, 2013, HOSE announces the record date for the 2013 annual general meeting and rights offering of Viet Thang Feed Joint Stock Company as follows:

-         Stock symbol: VTF

-         Stock type      : Common stock

-         Par value        : VND10,000

-         Ex-right date  : March 18, 2013

-         Record date  : March 20, 2013

-         Purpose         : to hold the Annual General Meeting 2013

-         to implement shareholders’ rights

-         Contents:

2.1 To hold the Annual General Meeting 2013:

-         Meeting date: 09:00am, April 12, 2013

-         Meeting venue: Head office of Viet Thang Feed Joint Stock Company

-         Contents:

+         Report on profit and loss in 2012, and business plan for 2013;

+         Approval for the 2011 profit distribution; or Plan for dividend and profit distribution in 2013;

+         Appointing the Board of Directors and the Board of Supervisors in term 2013-2018;

+         Other issuing.

+         Purpose:           to implement shareholders’ rights

+         Volume registered to issue:        10,512,754 shares

+         Issue price: VND20,000/share

+         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 will be cancelled.

For example, if shareholder A owns 1,503 shares at the record date, he will receive: 1,503x1/20 = 751.5 shares. However, because of rounding down, he will receive only 751 new shares.

Principle for rights transfer:

-         Time of transfer: from March 27, 2013 to April 22, 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 March 27, 2013 to April 24, 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 Viet Thang Feed Joint Stock Company.

HOSE

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