Nam Kim Steel Joint Stock Company announced the information on a stock issuance to increase its share capital from the owner’s capital and dividend payment:
1) Stock name: Stock ofNam Kim Steel Joint Stock Company
2) Stock type: common share
3) Par value: VND10,000/share
4) Total issued volume: 181,999,868 shares
5) Outstanding volume: 181,999,868 shares
6) Treasury volume: 0 share
7) Expected issue volume: 36,399,974 shares, in which:
- Issue volume to increase its share capital: 23,659,983 shares
- Issue volume to dividend payment: 12,739,991 shares.
8) Total issue value: VND363,999,740,000.
9) Issue ratio (Expected issue volume/Total volume):
- Issue ratio to increase its share capital: 13%
- Issue ratio to dividend payment in stock: 7%
10) Financial resource: the owner’s capital and profit after tax
11) Record date: in 45 days as from State Securities Commission of Vietnam notices of receipt of complete documents.
12) Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.