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FCN: Board resolution on bond conversion FECON Corporation announced Board Resolution No.32/2016 dated September 23, 2016 regarding the bond conversion into shares as follows:
1) Stock: Stock of FECON Corporation
2) Stock type: common stock
3) Par value of share: VND10,000
4) Estimated issue time: September 30, 2016, and after receiving the approval from the State Securities Commission
5) Purpose: to convert bonds into shares under Board Resolution No.06/2014 dated March 15, 2014 and Board Resolution No.20/2015 dated April 24, 2015.
6) List of bondholder requesting for conversion: Vietcombank Securities Company Ltd.
7) Number of bonds issued: 500,000 bonds
8) Value of bonds issued: VND500,000,000,000
9) Face value of bond: VND1,000,000/bond
10) Number of bonds requested to be converted: 39,400 bonds
11) Total value of bonds requested to be converted: VND39,400,000,000
12) Conversion price: VND19,700/share
13) Conversion ratio: 1:51 (01 bond will be converted into 51 shares)
14) Number of shares to be issued: 2,000,000 shares
15) Total par value: VND20,000,000,000
16) Issue method: private placement
17) Charter capital:
- Charter capital before issuance: VND457,228,540,000
- Charter capital after issuance: VND477,228,540,000
18) Number of outstanding shares:
- Number of outstanding shares before issuance: 45,722,854 shares
- Number of outstanding shares after issuance (estimated): 47,722,854 shares
19) Estimated trading date for newly-issued shares: before October 09, 2016, and after receiving the approval from the State Securities Commission. HOSE
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