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D2D: Record date for stock issuance to raise capital On June 21, 2019, the Hochiminh Stock Exchange issued Announcement No.902/TB-SGDHCM about the record date of Industrial Urban Development Joint Stock Company No.2 as follows:
- Ex-right date: July 04, 2019
- Record date: July 05, 2019
- Reason & purpose: to issue shares for capital increase from the owner’s equity.
- Content:
ü Exercise ratio: 1:1 (Shareholder who owns 01 share will receive 01 new share).
ü Expected issue volume: 10,654,984 shares
ü For example: At the record date, shareholder A owned 101 shares. With 1:1 performing ratio, the shareholder A will receive: 101/1 = 101 shares. According to rounding policy, the shareholder A receives 101 new shares.
ü 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 Industrial Urban Development Joint Stock Company No.2. HOSE
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