VC3: Information disclosure on issuing shares to increase share capital from owner\u2019s equity On
19/10/2013, Construction JSC no. 3 disclosed information on issuing shares to
increase share capital from owner’s equity as follows:
I.
Introduction
1. Name of the
issuing organization: Construction Joint Stock Company No. 3
2. Trading
name: Construction Joint Stock Company No. 3
3. Head
office: 249, Hoang Quoc Viet Street, Cau Giay District, Hanoi
Tel:
0437567908
Fax:
0437560332
4. Stock
code: VC3
5. Charter
capital: VND 80,000,000,000
The account
number: 021c555586
Company where
account was opened: VNDIRECT Securities JSC
6. Legal
basis for the business operation
- Business
Registration Certificate no. 0101311837 firstly granted on 17/09/2002 and
changed for the 9th time on 11/09/2015 by Hanoi Authority for
Planning and Investment
- Main
business line: Trading of real estate
- Main
product/service: Apartments and other construction products
II. Purpose
of share issuance
Share
issuance to increase share capital from owner’s equity is to transform the
accumulated capital source of the Company into charter capital, thereby, the
Company can use this capital source for the business operation. Specifically,
this share issuance helps the Company:
- Increase
the charter capital to support the business operation and fund for investment
projects
- Ensure the
benefit of shareholders; improve the image of the Company
III. The
share issuance plan
1. Name:
Stock of Construction JSC no. 3
2. Type:
Common share
3. Par value:
VND 10,000 per share
4. Total
number of shares: 8,000,000 shares
5. The number
of outstanding shares: 8,000,000 shares
6. The number
of treasury shares: 0
7. The number
of shares expected to be issued: 12,000,000 shares
9. Total
issuance value: VND 120,000,000,000
9. Rate of
issue: 2:3
For every 01
share, shareholder will receive 01 right to receive additionally-issued shares
For every 02
right to receive, shareholder will receive 03 additionally-issued shares
10. Capital
source
From
undistributed after-tax profit, share capital surplus and development and
investment fund according to the 2015 semi-annual reviewed consolidated
financial statement.
- Share
capital surplus: VND 54,018,600,532
- Development
and investment fund according to the 2015 semi-annual reviewed consolidated
financial statement: VND 61,571,884,861
-
Undistributed after-tax profit: VND 4,409,514,607
Total
issuance value according to par value: VND 120,000,000,000
11. Record
date: 05/11/2015
12. Treatment
method for fractional shares: The number of additionally-issued shares will be
rounded down to the unit. The fractional shares (if any) will be cancelled.
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