IMP: The record date for stock issuance

IMP: The record date for stock issuance

On August 18, HOSE issued Announcement No.806/TB-SGDHCM on the record date of IMEXPHARM Corporation as follows:

1)     Ex-right date: August 27, 2014      

2)     Record date: August 29, 2014       

3)     Purpose: to issue new shares to raise capital from the owner’s capital.

4)     Detailed information:

-  Exercise ratio: 2:1 (The one who owns 2 shares at the record date will receive 1 new share.)

-  Estimated issue volume: 8,352,905 shares

-  Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.

-  For example, if shareholder A owns 555 shares at the record date, he will receive: 555 x 1 : 2 = 277.5 shares. However, because of rounding down, he will receive only 277 new shares. The fractional part of 0.5 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: shareholders will receive dividend at the head office of IMEXPHARM Corporation (No.4, Road 30-4, ward 1, Cao Lanh city, Dong Thap province).

HOSE