On May 10, 2021, Savimex Corporation announces the stock issuance to raise capital from the owner’s equity as follows:
- Stock name: Savimex Corporation
- Stock code: SAV
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 14,599,855 shares
- Number of outstanding shares: 14,204,085 shares
- Number of treasury shares: 395,770 shares
- Number of shares expected to be issued: 1,420,408 shares
- Total value (based on par value): 14,204,080,000 dongs
- Issuing ratio: 100:10 (Shareholder who owns 100 shares will receive 10 new shares).
- Record date: May 21, 2021
- Plan to deal with fractional shares: The distributed shares will not be rounded down to dozen, the fractional shares due to rounding down will be cancelled.