On January 11, 2022, the Hochiminh Stock Exchange issued an Announcement No.35/TB-SGDHCM about the record date of Pha Le Plastics Manufacturing and Technology Joint Stock Company as follows:
- Ex-right date: January 18, 2022
- Record date: January 19, 2022
1) Reason & Purpose: to implement rights to buy shares.
2) Content:
- Expected issue volume: 20,000,000 shares
- Issue price: 10,000 dongs/share
- Exercise ratio: 02:01 (shareholder who owns 01 share will receive 01 right, and with every 02 rights will be entitled to purchase 01 new share).
- Plan to deal with fractional shares and unsold shares: the fractional shares arising in the rights exercise will be rounded down to units. The fractional shares and unsold shares (if any) will be decided by the Board of Directors to distribute to other investors with the selling price is not less than the offering price. These shares will be restricted in 01 year from the ending date of the offering.
- For example: At the record date, the shareholder A owns 155 shares. With performing ratio 02:01, the shareholder A will purchase: 155*1/2 = 77.5 shares. According to rounding policy, the shareholder A purchases 77 new shares.
- Regulation on rights transfer:
- Time for rights transference: from January 26, 2022 to February 14, 2022
- The rights should be transferred only once.
- Regulation on securities purchased:
- Time for subscription and deposit: from January 26, 2022 to February 21, 2022.
- The new shares are freely transferable.
- Place to receive subscription:
- Shareholders whose shares have been deposited: at the securities firms where shares have been deposited.
- Shareholders whose shares have not been deposited: at Pha Le Plastics Manufacturing and Technology Joint Stock Company.
- Bank for blocking depository money:
- Account holder: Pha Le Plastics Manufacturing and Technology Joint Stock Company
- Account number: 21610000771803
- Bank: BIDV – Dong Da branch.