Wednesday, 17/08/2016 11:11

SFG: The record date for stock issuance

On August 11, 2016, the Hochiminh Stock Exchange issued Announcement No.885/TB-SGDHCM about the record date for stock issuance of The Southern Fertilizer Joint Stock Company (stock code: SFG) as follows:

-        Ex-right date:   August 24, 2016

-        Record date:    August 25, 2016

1)    Reason and Purpose:  stock issuance to raise capital from the owner’s equity.

2)    Content:

-     Exercise ratio: 10:1 (The one who owns 10 share will receive 01 new share)

-     Estimated issue volume: 4,354,331 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 311 shares at the record date, he will receive 31 new shares. The fractional part ( 0.1 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 The Southern Fertilizer Joint Stock Company.

HOSE

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