On January 07, 2015, the Hochiminh Stock Exchange issued Announcement No.11/TB-SGDHCM on the record date of MHC Joint Stock Company (stock code: MHC) as follows:
- Ex-right date: January 15, 2015
- Record date: January 19, 2015
- Purpose: to implement rights to purchase shares.
- Detailed contents:
1. Expected issue volume: 13,555,394 shares
2. Issue price: VND10,000/share
3. Issue ratio: 1 : 1
4. How to deal with fractional shares: Because of the exercise ratio of 1:1, fractional shares do not arise. Therefore, total volume of shares distributed to existing shareholders will not exceed the expected issue volume.
For example, shareholder A on the record date owns 1,058 shares, he or she will be entitled to buy: (1,058 x 1)/1 = 1,058 shares.
5. The unsold shares will be offerred to other investors at a price not lower than the one offerred to the existing shareholders.
6. Regulation on rights transfer:
ü Time of rights transfer: from January 22, 2015 to February 12, 2015
ü Rights to purchase shares can be transferred only once and not transferred to the third party.
7. Regulation on securities purchased:
ü Time for subscription and deposit: from January 22, 2015 to February 14, 2015
ü The new shares are freely transferable.
8. Place to receive subscription:
ü Shareholders whose shares have been deposited: at the securities firms where shares have been deposited.
ü Shareholders whose shares have not been deposited: at the office of MHC Joint Stock Company (Floor 7, Hai Ha Building, 45 Trieu Viet Vuong, Bui Thi Xuan, Hai Ba Trung district, Ha Noi city.
9. Bank for blocking depository money:
ü Account holder: MHC Joint Stock Company
ü Account number: 41121120006257040486
ü Bank: Lien Viet Post Joint Stock Commercial Bank – Thang Long Branch – Trieu Viet Vuong Trading Office.
