VFG: Record date for stock issuance to raise capital On May 30, 2017, the Hochiminh Stock Exchange issued Announcement No.662/TB-SGDHCM about the record date for stock issuance to raise capital from the owner’s equity of Viet Nam Fumigation Joint Stock Company as follows:
- Exright date: June 15, 2017
- Record date: June 16, 2017
- Reason & Purpose: stock issuance to raise capital from the owner’s equity.
- Content:
- Exercise ratio: 10:3 (shareholder who owns 10 shares will receive 03 new shares)
- Estimated issue volume: 5,485,030 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 1,445 shares at the record date, he will receive 433 new shares and fractional shares (0.5 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 Viet Nam Fumigation Joint Stock Company.
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