TDH: Record date for stock issuance to raise capital On May 18, 2017, the Hochiminh Stock Exchange issued Announcement No.627/TB-SGDHCM about the record date for stock issuance to raise capital from the owner’s equity of Thu Duc Housing Development Corporation as follows:
- Exright date: May 29, 2017
- Record date: May 30, 2017
- Reason & Purpose: stock issuance to raise capital from the owner’s equity
- Content:
- Exercise ratio: 15% (shareholder who owns 100 shares will receive 15 new shares)
- Estimated issue volume: 10,648,257 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 105 shares at the record date, he will receive 15 new shares and fractional shares (0.75 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 Thu Duc Housing Development Corporation.
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