The Board resolution dated July 31, 2020, the BOD of Khanh Hoa Power Joint Stock Company approved the record date to issue shares for capital increase as follows:
- Record date: August 20, 2020
- Expected issue volume: 16,020,518 shares
- Issue ratio: 40% (shareholder who owns 05 shares will receive 02 new shares).
- Plan to deal with fractional shares: The distributed shares will not be rounded down, the fractional shares will be cancelled.
- For example: at the record date, shareholder A owned 154 shares. With 40% performing ratio, the shareholder A will receive: 154 * 40/100 =61.6 shares. According to rounding policy, the shareholder A receives 61 new shares and fractional shares of 0.6 will be cancelled.
- 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 Khanh Hoa Power Joint Stock Company (Address: 11 Ly Thanh Ton, Nha Trang City, Khanh Hoa).