On July 07, 2022, Century Synthetic Fiber Corporation announces the record date as follows:
- Record date: August 05, 2022
- Reason & Purpose: to implement rights to buy shares.
- Content:
- Expected issue volume: 13,637,058 shares
- Issue price: 10,000 dongs/share
- Exercise ratio: 5:1 (shareholder who owns 01 share will receive 01 right, and with every 05 rights will be entitled to purchase 01 new share).
- Plan to deal with fractional shares and unsold shares: The distributed shares will be rounded down to units, the fractional shares (if any) will be cancelled. The 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 1,023 shares. With performing ratio 5:1, the shareholder A will purchase: 1,023*1/5 = 204.6 shares. According to rounding policy, the shareholder A will purchase 204 new shares and the fractional shares of 0.6 share will be cancelled.
- Regulation on rights transfer:
- Time for rights transference: from August 16, 2022 August 29, 2022
- The rights should be transferred only once.
- Regulation on securities purchased:
- Time for subscription and deposit: from August 16, 2022 September 06, 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 Century Synthetic Fiber Corporation.
- Bank for blocking depository money:
- Account holder: Century Synthetic Fiber Corporation
- Account number: 200014851258022
- Bank: Eximbank – Ho Chi Minh branch.