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MSB: Stock issuance to raise capital from the ower's equity On September 20, 2022, Vietnam Maritime Commercial Joint Stock Bank announces the stock issuance to raise capital from the ower's equity as follows:
- Stock name: Vietnam Maritime Commercial Joint Stock Bank
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 1,527,500,000 shares
- Number of outstanding shares: 1,527,500,000 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 458,250,000 shares
- Total value (based on par value): 4,582,500,000,000 dongs
- Issue ratio: 30% (100:30) (Those who owns 100 shares will receive 30 new shares).
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be transferred to the Trade Union of Vietnam Maritime Commercial Joint Stock Bank.
- For example: At the record date, shareholder A owns 101 shares. With 30% exercise ratio, the shareholder A will receive: 101*30/100 = 30.3 shares. According to rounding policy, the shareholder A will receive 30 new shares and the fractional shares of 0.3 share will be transferred to the Trade Union of Vietnam Maritime Commercial Joint Stock Bank.
Record date: October 11, 2022. HOSE
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