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TBD: Notice of share issue to increase share capital from owner's equity

Aug 27th at 15:55
27-08-2020 15:55:43+07:00

TBD: Notice of share issue to increase share capital from owner's equity

On 25th August 2020, Dong Anh Electrical Equipment Corporation - Joint Stock Company announced the share issue to increase share capital from owner’s equity as follows:
I. Purpose of issuing share: issue share to increase the Company’s equity from owner’s equity
II. Plan to issue share to increase the Company’s equity from owner’s equity
1. Name of share: share of Dong Anh Electrical Equipment Corporation - Joint Stock Company
2. Type of share: common share
3. Par value: VND 10,000/ share
4. Total number of shares: 28,258,049 shares
5. Number of outstanding shares: 28,258,049 shares
6. Number of treasury share: 68,000 share
7. Number of shares expected to be issued: 4,228,507 shares
8. Total value of shares expected to be issued (according to par value): VND 42,285,070,000
9. Rate of issue (number of shares expected to be issued/ number of outstanding shares): 15% (shareholders receive 15 new shares for every 100 shares they own)
10. Capital source: undistributed profit after tax in audited financial statement of holding company at 31st December 2019
11. Record date for the share issue: 15/09/2020.
12. Method of handling odd-lot shares: number of shares issued to increase the Company’s equity from owner’s equity that each shareholder receives will be rounded down to unit digit. The decimal (if any) will be cancelled.

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