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HII: Record date for stock issuance to raise capital
HOSE - 7/20/2021 4:42:00 PM
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On July 19, 2021, the Hochiminh Stock Exchange issued Announcement No.1347/TB-SGDHCM about the record date of An Tien Industries Joint Stock Company as follows:

-          Ex-right date: July 23, 2021

-          Record date: July 26, 2021

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

2)      Content:

-          Exercise ratio: 100:15 (Those who own 100 shares will receive 15 new shares.)

-          Expected issue volume: 4,804,125 shares

-          Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be cancelled.

-          For example: at the record date, shareholder A owns 2,222 shares. With 100:15 performing ratio, the shareholder A will receive: 2,222 *15/100 =333.3 shares. According to rounding policy, the shareholder A will receive 333 new shares and fractional shares of 0.3 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 An Tien Industries Joint Stock Company.

 

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