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APH: Stock issuance to raise capital On January 10, 2022, An Phat Holdings Joint Stock Company announces the stock issuance to raise capital from the owner’s equity with details as follows:
- Stock name: An Phat Holdings Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 195,107,442 shares
- Number of outstanding shares: 195,107,442 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 48,776,860 shares
- Total value of issuance (at par value): 487,768,600,000 dongs
- Issuing ratio: 100:25 (Those who own 100 shares will receive 25 new shares).
- Plan to deal with fractional shares: The distributed shares will not be rounded down to units, the fractional shares (if any) will be cancelled.
- For example: at the record date, shareholder A owns 2,222 shares. With 100:25 performing ratio, the shareholder A will receive: 2,222 *25/100 = 555.5 shares. According to rounding policy, the shareholder A will receive 555 new shares and fractional shares of 0.5 will be cancelled.
- Record date: January 25, 2022. HOSE
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