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On December 18, 2020, BenTre Pharmaceutical Joint Stock Company announces the stock issuance to raise capital from the owner’s equity as follows:
- Stock name: BenTre Pharmaceutical Joint Stock Company
- Stock code: DBT
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 13,528,414 shares
- Number of outstanding shares: 13,528,414 shares
- Number of treasury shares:0 share
- Number of shares expected to be issued: 676,440 shares
- Total value (based on par value): 6,764,400,000 dongs
- Issuing ratio: 20:1
- Record date: January 06, 2021
- Plan to deal with fractional shares: The distributed shares will be rounded down to dozen, the fractional shares will be cancelled.
- For example: At the record date, shareholder A owned 110 shares. With 20:1 performing ratio, the shareholder A will receive: 82*1/20 =5.5 shares. According to rounding policy, the shareholder A receives 05 new shares and the fractional shares of 0.5 will be cancelled.
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