Monday, 18/11/2013 14:15

VHG: Viet Han Corp to issue bonus shares (time 02)

Viet - Han Corporation announced that it will issue bonus shares to the existing shareholders according to the resolution of the 2013 extraordinary shareholders’ meeting dated August 31, 2013 as follows:

-         Stock name: Stock of Viet - Han Corporation

-         Stock type: common share

-         Par value: 10,000 dongs / share

-         Total number of shares: 25,000,000 shares

-         Number of outstanding shares: 25,000,000 shares

-         Number of shares expected to be issued: 12,500,000 shares

-         Issue ratio (the number of shares expected to be issued on the total number of shares): 1:2

-         Financial resource: capital surplus until September 30, 2013

-         Record date: expected November 29, 2013

-         Exercise ratio: 2:1 (01 bonus share for every 02 current shares)

-         Plan to deal with fractional shares: The distributed shares will be rounded to units. The fractional shares (if any) will be sold to other investors at VND10,000/share.

For example: Shareholder Nguyen Van A owns 125 shares, the calculation will be: 125/2 =62.5 shares. Therefore, he will receive 62 shares and in cash VND5,000 = 0.5 shares*10,000.

HOSE

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