Wednesday, 05/01/2022 12:00

TCH: Board resolution on a share issue for capital increase

The Board of Directors of Hoang Huy Investment Financial Services Joint Stock Company approved to issue new shares to raise its share capital from the owner’s equity as follows:

−        Record date: January 14, 2022

−        Exercise ratio: 25:2 (those who own 25 shares will receive 02 new shares)  

−        Plan to deal with fractional shares: The shares newly issued to shareholders will be rounded down to units. The fractional shares (if any) will be cancelled.

For example, on the record date, shareholder A owns 12,345 shares. Shareholder A will receive: (12,345*2)/25= 987.6 shares. After rounded down, the real number of shares shareholder A receives will be 987 shares. The fractional part (0.6) will be cancelled.

HOSE

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