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KHP: BOD approved the record date to issue shares for capital increase
HOSE - 8/4/2020 4:32:00 PM
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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).

 

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