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CRE: Adding the issuance price in the public offering
HOSE - 9/6/2021 4:48:00 PM
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On August 31, 2021, Century Land Joint Stock Company announces the adjustment to the content of record date to pay stock dividend for 2020 and to implement rights to buy shares as follows:

Before adjustment

After adjustment

To implement rights to buy shares:

- Exercise ratio: 100:95 (Those who own 100 shares will receive 100 rights, and with every 100 rights will be entitled to purchase 95 new shares).

- Expected issue volume: 91,199,810 shares

- How to deal with fractional shares and unsold shares (if any): These shares will be decided by the Board of Directors. These shares will be restricted in 01 year from the finish date of the offering.

- For example: At the record date, the shareholder A owns 82 shares. With performing ratio 100:95, the shareholder A will purchase: 82*95/100, = 77.9 shares. Therefore, the shareholder A will purchase 77 new shares.

- Regulation on rights transfer:

+ Time for rights transference: from September 22, 2021 to October 08, 2021

+ The rights should be transferred only once.

- Regulation on securities purchased:

+ Time for subscription and deposit: from September 22, 2021 to October 13, 2021.

+ The new shares are freely transferable.

 

To implement rights to buy shares:

- Exercise ratio: 100:95 (Those who own 100 shares will receive 100 rights, and with every 100 rights will be entitled to purchase 95 new shares).

- Expected issue volume: 91,199,810 shares

- Issuance price: VND10,000/share

- How to deal with fractional shares and unsold shares (if any): These shares will be decided by the Board of Directors. These shares will be restricted in 01 year from the finish date of the offering.

- For example: At the record date, the shareholder A owns 82 shares. With performing ratio 100:95, the shareholder A will purchase: 82*95/100, = 77.9 shares. Therefore, the shareholder A will purchase 77 new shares.

- Regulation on rights transfer:

+ Time for rights transference: from September 22, 2021 to October 08, 2021

+ The rights should be transferred only once.

- Regulation on securities purchased:

+ Time for subscription and deposit: from September 22, 2021 to October 13, 2021.

+ The new shares are freely transferable.

 

 

 

 

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