MSN: Stock issuance to raise capital On March 31, 2022, MaSan Group Corporation announces the stock issuance to raise capital from the owner’s equity as follows:
- Stock name: MaSan Group Corporation
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 1,180,534,692 shares
- Number of outstanding shares: 1,180,534,692 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 236,106,938 shares
- Total value (based on par value): 2,361,069,380,000 dongs
- Issuing ratio: 5:1 (20%) (Shareholder who owns 05 shares will receive 01 new share).
- Plan to deal with fractional shares: The distributed shares will not be rounded down to dozen, the fractional shares due to rounding down will be cancelled.
- For example: at the record date, shareholder A owns 451 shares. With 20% performing ratio, the shareholder A will receive: 451*20% = 90.2 shares. According to rounding policy, the shareholder A receives 90 new shares and fractional shares of 0.2 will be cancelled.
- Record date: April 13, 2022. HOSE
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