Savimex Corporation has reported the result of a stock issuance to increase its share capital from the owner’s capital as follows:
I. Information on stock:
1) Stock name: Stock of Savimex Corporation
2) Charter capital: VND145,998,550,000
3) Number of outstanding shares (before the issuance): 14,204,085 shares
4) Number of treasury shares (before the issuance): 395,770 shares
5) Stock type: common share
6) Stock code: SAV
7) Par value: VND10,000/ share
8) Number of shares expected to be issued: 1,420,408 shares
9) Purpose: stock issuance to increase its share capital from the owner’s capital
10) Issue ratio: 100:10
11) Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.
12) Ending date: June 2021
13) Estimated trading date: June 2021.
II. Result:
1) Number of distributed shares: 1,420,112 shares
2) Number of distributed shareholders: 862 shareholders
3) Total current shares (May 21, 2021): 16,019,967 shares
4) Outstanding shares: 15,624,197 shares
5) Treasury shares: 395,770 shares.