On July 21, 2022, Viet Nam Fumigation Joint Stock Company announces the stock issuance for increasing capital form the owner's equity as follows:
- Stock name: Viet Nam Fumigation Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 32,088,864 shares
- Number of outstanding shares: 32,086,864 shares
- Number of treasury shares: 2,000 shares
- Number of shares expected to be issued: 9,626,059 shares
- Total value (based on par value): 96,260,590,000 dongs
- Issue ratio: 10:3 (Shareholder who owns 10 shares will receive 03 new shares).
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.
- For example: at the record date, shareholder A owns 1,149 shares. With 10:3 exercise ratio, the shareholder A will receive: 1,149* 3/10 = 344.7 shares. According to rounding policy, the shareholder A will receive 344 new shares and the fractional shares of 0.7 share will be cancelled.
- Record date: August 16, 2022.