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CRE: Record date to issue shares for capital increase On December 22, 2020, the Hochiminh Stock Exchange issued Announcement No.2111/TB-SGDHCM about the record date of Century Land Joint Stock Company as follows:
- Ex-right date: December 29, 2020
- 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.)
- Expected issue volume: 15,999,978 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 performing ratio, the shareholder A will receive: 82/10*2 =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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