Viet Nam Petroleum Transport Joint Stock Company (VIPCO) announced its issuance plan to increase its charter capital from owner’s equity as follows:
- Stock
code: VIP
- Stock
type: common stock
- Par
value: VND10,000/share
- Total
volume: 59,807,785 shares
- Outstanding
volume: 59,807,785 shares
- Number
of treasury shares: 0 share
- Number
of shares expected to issue: 4,186,545 shares
- Total
issue value: VND41,865,450,000.
- Exercise
ratio: 100:07 (The one who owns 100
shares will receive 07 new
shares)
- Financial
resource: Investment and development fund
- Record
date: June 06, 2014
- How
to deal with fractional shares: The number of additional shares will be rounded
down. The fractional parts (if any) will be retained in Investment and Development Fund
- For
example: At the record date, shareholder Nguyen Van A owns 689 shares, the
calculation will be: 689x0.07= 48.23 shares. Therefore, he will receive 48 new
shares and VND2,300=(0.23x10,000) will be retained in Investment and Development Fund.
