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GDT: Record date for stock issuance to raise capital
HOSE - 12/30/2021 4:27:00 PM
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On December 28, 2021, the Hochiminh Stock Exchange issued Announcement No.2221/TB-SGDHCM about the record date of Duc Thanh Wood Processing Joint Stock Company as follows:

-          Ex-right date: January 10, 2022

-          Record date: January 11, 2022

1)      Reason & Purpose: to issue shares for increasing capital from the owner’s equity.

2)      Content:

-          Exercise ratio: 100:10 (shareholder who owns 100 shares will receive 10 new shares.)

-          Expected issue volume: 1,767,022 shares

-          Plan to deal with fractional shares: The distributed shares will be rounded down to dozen, the fractional shares due to rounding down will be cancelled.

-          For example: at the record date, shareholder A owned 206 shares. With 100:10 performing ratio, the shareholder A will receive: 206 *10/100 =20.6 shares. According to rounding policy, the shareholder A receives 20 new shares and fractional shares of 0.6 will be cancelled.

-          Place of payment:

+ Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.

+ Shareholders whose shares have not been deposited: at Duc Thanh Wood Processing Joint Stock Company.

 

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