The Board resolution dated March 24, 2022, the BOD of Thaiduong Petrol Joint Stock Company approved the adjustment to the plan to offer shares for increasing its charter capital with details as follows:
- Estimated offering volume:
- Before adjusting: 50,310,000 shares
- After adjusting: 50,310,000 shares; Of which:
ü Phase 1: 21,190,909 shares
ü Phase 2: 29,119,091 shares
- Exercise ratio:
- Phase 1: 126:100 (Those who own 01 share will receive 01 right, and with every 126 rights will be entitled to purchase 100 new shares). The rights should be transferred only once.
- Phase 2: according to the plan decided by the Board of Directors at the time to implement the offering.
- Plan to deal with fractional shares and unsold shares: The fractional shares and unsold shares 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.
- Plan for using capital from the offering:
Total proceeds (estimated) of VND553,410,000,000 will be used with the following purposes:
|
No
|
Content
|
Estimated amount (VND)
|
Estimated time
|
|
I
|
Phase 1
|
233,100,000,000
|
|
|
1
|
To invest in the project of Bac Son 2 Industrial cluster, Hong Vi hamlet, Chien Thang commune, Bac Son district, Lang Son province.
|
100,000,000,000
|
QIII/2022
|
|
2
|
To invest in Finance
|
60,000,000,000
|
QII – QIV/2022
|
|
3
|
To supplement working capital for the company’s production and business activities.
|
43,100,000,000
|
QII/2022
|
|
4
|
To pay short debts
|
30,000,000,000
|
QII/2022
|
|
II
|
Phase 2
|
320,310,000,000
|
|
|
III
|
Total
|
553,410,000,000
|
|
- Stock name: Hai An Transport and Stevedoring Joint Stock Company
- Stock type: common share
- Par value: VND10,000/share
- Number of shares issued: 48,782,751 shares
- Number of outstanding shares: 48,782,751 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 19,513,100 shares
- Total value of issuance (at par value): VND195,131,000,000
- Issue ratio: 40%
- Time of implementation: expected in Quarter II/2022, after being approved by the State Securities Commission of Vietnam (SSC).
- Record date(estimated): April 15, 2022
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be cancelled.
- For example: at the record date, shareholder A owned 1,257 shares. With 40% performing ratio, the shareholder A will receive: 1,257 *0.4 =502.8 shares. According to rounding policy, the shareholder A receives 502 new shares. The fractional shares of 0.8 share will be cancelled.
- Place of payment:
+ Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.
+ Shareholders whose shares have not been deposited: at Hai An Transport and Stevedoring Joint Stock Company.