The Board of Directors of Seaprodex Refrigeration Industry Corporation (SEAREFICO) approved a stock issue plan to increase capital, according to the board resolution dated April 22, 2014, as follows:
- Stock:
Stock of Seaprodex Refrigeration Industry Corporation
- Stock
type: common stock
- Par
value: VND10,000/share
- Exercise
ratio: 2:1 (each shareholder owning 02 shares will receive 01 new share).
- Object
of the issue: SEAREFICO’s existing shareholders on a record date.
- Charter
capital at present: VND162,542,920,000
- Number
of treasury shares: 13,040 shares
- Number
of outstanding shares: 16,241,252 shares
- Number
of shares expected to be issued: 8,120,626 shares
- Total
expected issue value: VND81,206,260,000
- Expected
charter capital after the issue: VND243,749,180,000
- Financial
resource for the issue: capital surplus until December 31, 2013
- Time
of implementation: within 45 days since the State Securities Commission of
Vietnam announces the receipt of all documents about the stock issue.
- Plan
to deal with fractional share: The number of new shares will be rounded down to
unit, and fractional share (if any) will be cancelled.
