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NHH: BOD approved the record date for implementing rights
HOSE - 10/21/2020 3:29:00 PM
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The Board resolution dated October 20, 2020, the BOD of Hanoi Plastics Joint Stock Company approved the record date for implementing rights with the following details:

1)      Record date: November 03, 2020

2)      Reason & purpose: to implement rights to buy shares.

3)      Content:

-          Expected issue volume: 2,000,000 shares

-          Issue price: VND 45,000/share

-          Exercise ratio: 861:50 (01 share will receive 01 right, and with every 861 rights will be entitled to purchase 50 new shares).

-          Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares and the shares refused to buy (if any) will be decided by the Board of Directors.

-          For example: At the record date, the shareholder A owns 862 shares. With 861:50 performing ratio, the shareholder A will purchase: (862/861) * 50 = 50.06 shares. According to rounding policy, the shareholder A purchases 50 new shares.

-          The rights should be transferred only once.

-          Time for rights transference: from November 11, 2020 to November 25, 2020

-          Time for subscription and deposit: from November 11, 2020 to November 30, 2020

-          The new shares are freely transferable.

-          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 Hanoi Plastics Joint Stock Company.

-          Bank for blocking depository money:

+ Account holder: Hanoi Plastics Joint Stock Company

+ Account number: 119601079666

+ Bank: Viet Nam Joint Stock Commercial Bank For Industry And Trade – Hai Duong Industrial zone branch.

 

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