FECON Mining Joint Stock Company announced the board resolution dated May 23, 2014 as follows:
Article 1: To implement the
stock issuance to increase charter capital:
-
Record date: June 11, 2014
-
Purpose: To issue shares to the existing
shareholders
-
Total estimated issue volume: 13,400,000
shares
-
Issue price: VND10,000/share
-
Exercise ratio: 2:1
(a
shareholder owning 01 share will get 01 right, and owning every 02 rights will be entitled to buy 01 new share).
-
Plan for fractional and undistributed shares: The distributed shares will be rounded down. The
undistributed shares (if any) and fractional parts will be offered to other
investors by the Board of Directors.
Principle
for rights transfer:
-
Time of transfer: from June 27, 2014
to July 17, 2014
-
Rights are transferred only once
Regulation on stock
purchase:
-
Time for registration
and payment: from June 27, 2014 to July 18, 2014
-
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 FECON Mining
Joint Stock Company.
Bank for blocking depository
money:
-
Account name: FECON Mining Joint Stock Company
-
Account number of VND: 0301000886668 at Vietcombanl – Hoan Kiem Branch, Ha
Noi.
Article 2: The Board of
Directors authorized to the Director to implement procedure under Law
Article 4: This resolution
shall take effect from the date of signing.
