Long Giang Investment and Urban Development Joint Stock Company announced Board Resolution No.57/2016 dated November 24, 2016 as follows:
Articles 1: Board approved to the record date to implement right for existing shareholders:
- Record date: December 08, 2016
- Minimum bidding volume: 10 shares
- Exercise ratio: 2:1 (Shareholders who own 01 share will 01 right, every 02 rights will be bought 01 new share)
- Regulation on rights transfer: Transferable rights only once from December 19, 2016 to January 10, 2017.
- Time for subscription and settlement: from December 19, 2016 to January 17, 2017.
Articles 2: Board approved to the record date for increase capital from the owner’s equity
- Record date: December 08, 2016
- Exercise ratio: 5:1 (Shareholders who own 05 shares will receive 01 new share)
Articles 3: Board approved to transfer ownership of bonus share from ESOP
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