Tan Tao Investment and Industry Corporation (ITACO) announced that it would issue new shares to pay dividends and raise its charter capital from its owner capital, as follows:
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Name of stock: Stock of Tan Tao Investment and Industry
Corporation
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Stock type: common stock
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Par value: VND10,000/share
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Total number of issued shares: 562,832,865 shares
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Number of outstanding shares: 562,252,867 shares
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Number of treasury shares: 579,998 shares
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Number of shares to be issued: 56,225,286 shares
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To issue shares to pay dividends: 28,112,643 shares
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To issue shares to raise the charter capital from owner
capital (bonus shares): 28,112,643 shares.
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Total par value to be issued: VND562,252,860,000.
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Issue rate: 10%, including:
+
Dividend rate: 5%
+
Bonus rate: 5%
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Financial resource:
+
To issue shares to pay dividends: Itaco’s undistributed
profit until December 31, 2012.
+
To issue shares to raise the charter capital: Itaco’s
capital surplus.
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Record date: July 25, 2013.
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How to deal with fractional shares: The number of new shares
will be rounded down, and fractional shares (if any) will be cancelled.
