SDI: Jun 18 as Ex-date for Seeking Shareholder Approval and New Share Issuance for Existing Shareholders
Sai Dong Urban Development and Investment JSC. (SDI) announced June 18 as ex-date and June 20 as record-date for seeking shareholder approval via written documents and bonus share issuance for its existing shareholder as below:
1. To seek shareholder approval via written documents for adding appointment of member of Board of directors (BOD) and others. Planned time is from June 27-July 27, 2012, at its head office.
2. To issue 70,000,000 new shares for its existing shareholders with 5:7 ratio (shareholder owns 5 old shares can buy 7 new shares) at VND10,000/share.
The new shares will be rounded down to unit.
Unsold shares and odd shares will be offered to other partners with the same prices as for its existing shareholders.
Shareholders are freely transfer buying right from June 29-July 18, 2012.
Registration buying time is from June 29-July 20, 2012.