Wednesday, 30/08/2017 10:25

LHG: Record date for implementing right

On August 29, 2017, the Hochiminh Stock Exchange issued Announcement No.1002/TB-SGDHCM about the record date for implementing right to issue shares of Long Hau Corporation as follows:

-          Ex-right date: September 08, 2017

-          Record date: September 11, 2017

1)    Reason & Purpose: to implement the purchase right.

2)    Content:

-          Exercise ratio: 1:0.87 (shareholder who owns 01 share will receive 01 right, and with every 01 right will be entitled to purchase 0.87 new shares.)

-          Expected issue volume: 22,629,074 shares

-          Issuing price: 13,000 dongs/share

-          How to deal with fractional shares: The number of newly issued shares bought by each existing shareholder will be rounded down. The fractional shares and the shares refused to buy (if any) will be decided by the Board of Directors.

-          Regulation on rights transfer:

+        Time for rights transference: from September 21, 2017 to October 16, 2017

+        The rights should be transferred only once.

-       Regulation on securities purchased:

+   Time for subscription and deposit: from September 21, 2017 to October 18, 2017

+   The new shares are freely transferable.

-       Place to receive subscription:

+        Shareholders whose shares have been deposited: at the securities firms where shares have been deposited.

+     Shareholders whose shares have not been deposited: at Long Hau Corporation.

-       Bank for blocking depository money:

+        Account holder: Long Hau Corporation

+        Account number: 3101 0000 774 784

+        Bank: Joint Stock Commercial Bank for Investment and Development of Vietnam – Ho Chi Minh Branch

HOSE

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