TCB: Record date for stock issuance to raise capital On June 28, 2018, the Hochiminh Stock Exchange issued Announcement No.880/TB-SGDHCM about the record dated of Vietnam Technological and Commercial Joint Stock Bankas follows:
- Ex-right date: July 05, 2018
- Record date: July 06, 2018
1) Reason & purpose: stock issuance for capital increase from the owner’s equity.
2) Content:
- Exercise ratio: 1:2 (shareholder who owns 01 share will receive 02 new shares.)
- Expected issue volume: 2,331,061,440 shares
- Plan to deal with fractional shares: There are no fractional shares because the exercise ratio is 1: 2.
- For example: Shareholders owns 1,355 shares. With 1:2 performing ratio, the shareholder A will receive: 1,355 * 2 = 2,710 shares.
- 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 Vietnam Technological and Commercial Joint Stock Bank:
At Ha Noi: Floor 2nd, 191 Ba Trieu, Le Dai Hanh Ward, Hai Ba Trung District, Ha Noi.
At Hochimimh: Lim Tower, Floor 2nd, No.09 – 11 Ton Duc Thang, Ben Nghe Ward, District 1, Ho Chi Minh. HOSE
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