Lam Son Sugar Joint Stock Corporation (LASUCO JSC) has announced Board Resolution No.78 dated September 29, 2014 as follows:
Article
1: To approve a record date to close the
bondholder list for bond interest payment and bond conversion:
-
Record date: October 06, 2014
-
Purpose: to make the second bond interest
payment (from October 10, 2013 to October 10, 2014) and to close the bondholder
list for bond conversion.
Article 2: To
approve the conversion plan as follows:
-
Bond name: Bond
of Lam Son Sugar Joint Stock Corporation
-
Bond type:
convertible bond
-
Par value:
VND100,000/bond
-
Number of outstanding bonds: 2,000,000 bonds
-
Bond term: 24
months
-
Interest rate: 12%/year
-
Issue date:
October 10, 2012
-
Conversion date:
October 10, 2014
-
Conversion ratio: 1:10 (01 bond will be
converted into 10 shares)
-
Number of converted shares (estimated):
20,000,000 shares
-
Stock type: common share
-
Par value: VND10,000/share
Article 3: To
increase the charter capital and adjust the company’s charter.
-
Charter capital before conversion: VND500
billion
-
Charter capital after conversion: VND700
billion
Article 4:
The newly-converted shares will be registered to be deposited in the Vietnam
Securities Depository and listed on the Hochiminh Stock Exchange.
Article 5:
This resolution takes effect from the date of signing.
