CRE: Record date to issue shares for capital increase

On December 15, 2020, Century Land Joint Stock Company announces the record date as follows:

-          Record date: December 30, 2020

1)      Reason & Purpose: to issue shares for capital increase from the owner’s equity.

2)      Content:

-          Exercise ratio: 20% (shareholder who owns 10 shares will receive 02 new shares.)

-          Plan to deal with fractional shares: The distributed shares will be rounded down to dozen, the fractional shares will be cancelled.

-          For example: at the record date, shareholder A owned 82 shares. With 20% performing ratio, the shareholder A will receive: 82 *20/100 =16.4 shares. According to rounding policy, the shareholder A receives 16 new shares and fractional shares of 0.4 will be cancelled.

-          Execution time: expected in Quarter 1/2020

-          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 Century Land Joint Stock Company (Address: 137 Nguyen Ngoc Vu, Trung Hoa Ward, Cau Giay District, Hanoi).

HOSE

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>   CDC: Record date to issue shares for capital increase (15/12/2020)

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