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HAX: Stock issuance to raise capital On May 30, 2017, Hang Xanh Motors Service Joint Stock Company announces stock issuance to raise capital from the owner’s equity as follows:
- Stock name: Hang Xanh Motors Service Joint Stock Company
- Stock code: HAX
- Charter capital: 142,315,340,000 dongs
- Stock type: common share
- Par value: 10,000 dongs
- Number of share issued: 14,231,534 shares
- Number of outstanding shares: 14,231,534 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 8,538,920 shares
- Total value of shares expected to be issued (on par value): 85,389,200,000 dongs
- Issuing ratio: 60%
- Record date: June 14, 2017
- 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 and fractional shares (0.4 share) will be cancelled. HOSE
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