Kim Long Securities Joint Stock Co (coded KLS) recently announced that it would offer 28.5 million KLS-coded shares to the public, in which 6.3 million shares will be paid at 20% dividend for 2007 to the existing shareholders, 12.6 million shares will be issued to the existing shareholders at the ratio of four new shares for 10 shares held at the price of 15,000 dong per share, 600,000 shares will be spent for the company’s staff at the minimum price of 35,000 dong per share and the remaining of nine million shares will be sold to other investors at the estimated price of 50,000 dong per share.
The time for transfer of share buying right is from March 6 to 31, 2008.
The time for registration and deposit is from March 6 to April 2.
The registration deadline to close a list of shareholders book to is on February 25.
The ex-interest date is on February 21.
The company expected to mobilise some 660 billion dong from the share issuance so as to invest in expanding business activities.