Friday, 02/08/2013 15:03

TTF: The record date for rights offering

Truong Thanh Furniture Corporation announces the record date for rights offering:

-         Stock symbol:  TTF                              

-         Stock type:        Common stock

-         Par value:         VND10,000

-         Ex-right date:   August 08, 2013

-         Record date:   August 12, 2013

-         Purpose:          to implement shareholders’ rights

-         Volume registered to issue: 8,859,027 shares

-         Issue price: VND5,000/share

-         Exercise ratio: 20:3 (a shareholder owning 01 share will get 01 right, and owning every 20 rights will be entitled to buy 03 new shares).

-         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 584 shares at the record date, he will receive: 584x3/20 = 87.6 shares. However, because of rounding down, he will receive only 87 new shares.

Principle for rights transfer:

-         Time of transfer: from August 16, 2013 to September 11, 2013

-         Rights are transferred only once

Regulation on stock purchase:

-         Time for registration and payment: from August 16, 2013 to September 13, 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 Truong Thanh Furniture Corporation. Address: DT 747 Street, Uyen Hung Town, Tan Uyen District, Binh Duong province.

Bank for blocking depository money:

-         Account name: Truong Thanh Furniture Corporation

-         Account number of VND: 020600013042900 at VietABank – Hochiminh Exchange.

HOSE

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>   FPT: Board Resolution (02/08/2013)

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>   PGD: Board Resolution (02/08/2013)

>   TPP: Corporate Governance Report (first 06 months) (02/08/2013)

>   SIC: Corporate Governance Report (first 06 months) (02/08/2013)

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