On January 27, 2022, Nam Hoa Trading and Production Corporation reports the result of stock issuance for dividend payment to existing shareholders as follows:
I. Information on stock:
1) Stock name: Nam Hoa Trading and Production Corporation
2) Stock type: common share
3) Par value: 10,000 dongs/share
4) Number of shares issued: 15,411,541 shares
5) Number of outstanding shares: 15,387,070 shares
6) Number of treasury shares: 24,471 shares
7) Number of shares expected to be issued: 3,077,414 shares
8) Exercise ratio: 5:1
9) Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be cancelled.
10) Ending date: January 21, 2022
11) Time for transferring shares: expected before March 30, 2022.
II. Result:
1) Number of distributed shares: 3,077,355 shares; Of which:
- Number of distributed shares to shareholders according to the rate: 3,077,355 shares for 413 shareholders;
- Number of fractional shares: 59 shares (These shares will be cancelled).
2) Total shares after the issuance (January 21, 2022): 18,488,896 shares; Of which:
- Number of outstanding shares: 18,464,425 shares
- Number of treasury shares: 24,471 shares.
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