Dong A Plastic Group Joint Stock Company reports the result of stock issuance to raise capital from the owner’s equity with details as follows:
I. Information on stock:
1) Stock name: Dong A Plastic Group Joint Stock Company
2) Stock type: common share
3) Par value: 10,000 dongs/share
4) Number of shares issued: 51,795,085 shares
5) Number of outstanding shares: 51,793,792 shares
6) Number of treasury shares: 1,293 shares
7) Number of shares expected to be issued: 7,769,068 shares
8) Exercise ratio: 100:15 (Those who own 100 shares will receive 15 new shares.)
9) Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be bought 10,000 dongs/share as treasury shares
10) Ending date: April 19, 2021
11) Time for transferring shares: expected in June 2021.
II. Result:
1) Number of distributed shares: 7,769,027 shares; Of which:
- Number of distributed shares to shareholders: 7,768,336 shares for 3,923 shareholders;
- Number of fractional shares: 691 shares (These shares will be bought as treasury shares)
- The fractional shares of 41 shares due to rounding will be cancelled.
2) Total shares after the issuance: 59,564,112 shares; Of which:
- Number of outstanding shares: 59,562,128 shares
Number of treasury shares: 1,984 shares.