On July 15, 2014, Hoang Huy Investment Services Joint Stock Company announces the record date for 2013 dividend payment and rights offering as follows:
Stock symbol: HHS
Stock type: Common
stock
Par
value: VND10,000
Ex-right
date: July 23, 2014
Record
date: July 25, 2014
Purpose: to pay 2013 stock dividend to implement shareholders’
rights
1)
To implement shareholders’ r
-
Volume
expected to issue: 11,474,984 shares
-
Issue
price: VND10,000/share
-
Exercise
ratio: 10:03 (A shareholder owning 01 share will receive 01 right, 10 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 by the Board
of Directors to selected investors with appropriate quantity for the highest
effectiveness of the Company. The offering price may be less than the book
value but not less than VND10,000/share.
For example, if
shareholder A owns 117 shares at the record date, he will receive: 117*30% =
35.1 shares. Then, he will buy 35 new shares, 0.1 fractional share will be
accumulated to the total number of fractional shares and distributed to other
investors by the Board of Directors
-
Principle for rights transfer:
·
Time of
transfer: from August 08, 2014 to August 25, 2014
·
Rights
are transferred only once at the price agreed by 2 partners and not done again
to the third one.
-
Regulation on stock purchase:
·
Time for registration and payment:
From August 08, 2014 to August 27, 2014
·
The new shares are transferable.
-
Place of implementation:
·
Shareholders
whose shares have been deposited: at the securities firms where the shares have
been deposited.
·
Shareholders
whose shares have not been deposited: at head office of Hoang Huy
Investment Services Joint Stock Company.
-
Bank
for blocking depository money:
·
Account name: Hoang Huy Investment Services Joint Stock
Company
·
Account
number of VND:
160314851021778 at Eximbank – Hai Phong Branch.
2)
To pay 2013 stock dividend: 7,649,989 shares
-
Exercise
ratio: 20% (A shareholder owning 10 shares will receive 02 new shares)
-
The
volume receive will be rounded to units. The fractional parts will be
cancelled.
-
For
example, if shareholder A owns 117 shares at the record date, he will receive: 23.4
shares. However, because of rounding down, he will receive only 23 new shares.
-
Place of implementation:
·
Shareholders
whose shares have been deposited: at the securities firms where the shares have
been deposited.
·
Shareholders
whose shares have not been deposited: at head office of Hoang Huy
Investment Services Joint Stock Company.
