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FRT: Result of stock issuance to raise capital FPT Digital Retail Joint Stock Company announced the result of stock issuance to raise capital from the owner’s equity as follows:
1) Information on stock:
- Stock name: FPT Digital Retail Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs/share
- Number of outstanding shares: 40,000,000 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 28,000,000 shares
- Issue ratio: 70%
- Purpose: stock issuance to raise capital from the owner’s equity
- Record date: May 25 2018
- Expected trading date: June 2018
2) Result of stock issuance:
- Number of distributed shares: 28,000,000 shares
- Number of distributed shareholders: 543 shareholders
- Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.
- For Example: Shareholders owns 102 shares. With 100:70 performing ratio, the shareholder A will receive: 102* 70/100 = 71.4 shares. According to rounding policy, the shareholder receives 71 new shares. The fractional shares of 0.4 will be cancelled.
- Number of current shares on May 29, 2018:
+ Number of outstanding shares: 68,000,000 shares
+ Number of treasury shares: 0 share. HOSE
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