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HAX: Stock issuance to raise capital On June 02, 2017, the Hochiminh Stock Exchange issued Announcement No.682/TB-SGDHCM about the record date for stock issuance to raise capital from the owner’s equity of Hang Xanh Motors Service Joint Stock Company as follows:
- Ex-right date: June 13, 2017
- Record date: June 14, 2017
- Reason & Purpose: Stock issuance to raise capital from the owner’s equity.
- Content:
- Exercise ratio: 10:6 (shareholder who owns 10 shares will receive 06 new shares)
- Estimated issue volume: 8,538,920 shares
- Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.
- For example, if shareholder A owns 549 shares at the record date, he will receive 329 new shares. The fractional shares (0.4 share) will be cancelled.
- Place of payment:
+ Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.
+ Shareholders whose shares have not been deposited: at Hang Xanh Motors Service Joint Stock Company. HOSE
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