TBD: Notice of share issue to increase share capital from owner's equity

On 25^th August 2020, Dong Anh Electrical Equipment Corporation - Joint Stock Company announced the share issue to increase share capital from owner’s equity as follows:
I. Purpose of issuing share: issue share to increase the Company’s equity from owner’s equity
II. Plan to issue share to increase the Company’s equity from owner’s equity
1. Name of share: share of Dong Anh Electrical Equipment Corporation - Joint Stock Company
2. Type of share: common share
3. Par value: VND 10,000/ share
4. Total number of shares: 28,258,049 shares
5. Number of outstanding shares: 28,258,049 shares
6. Number of treasury share: 68,000 share
7. Number of shares expected to be issued: 4,228,507 shares
8. Total value of shares expected to be issued (according to par value): VND 42,285,070,000
9. Rate of issue (number of shares expected to be issued/ number of outstanding shares): 15% (shareholders receive 15 new shares for every 100 shares they own)
10. Capital source: undistributed profit after tax in audited financial statement of holding company at 31^st December 2019
11. Record date for the share issue: 15/09/2020.
12. Method of handling odd-lot shares: number of shares issued to increase the Company’s equity from owner’s equity that each shareholder receives will be rounded down to unit digit. The decimal (if any) will be cancelled.

HNX

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