Tuesday, 16/06/2015 17:02

KMR: The record date for stock issuance

On June 08, 2015, the Hochiminh Stock Exchange issued Announcement No.626/TB-SGDHCM on the record date of Mirae Joint Stock Company (stock code: KMR) as follows:

 

¾      Ex-right date: June 18, 2015

¾      Record date: June 22, 2015

¾      Purpose: to issue shares to increase capital from the owner’s capital.

¾      Detailed contents:

+         Exercise ratio: 10% (100:10)

+         Expected issue volume: 4,443,543 shares

+         Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be bought back at VND10,000/share.

For example, if shareholder A owns 222 shares at the record date, he will receive: (222 x 10) : 100 = 22.2 shares. However, because of rounding down, he will receive only 22 new shares. The fractional part will be bought back as treasury shares at: 10,000 x 0,2 = 2,000 VND.  

¾      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 Mirae Joint Stock Company.

HOSE

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