Ho Chi Minh Stock Exchange (STC) announced that February 26 would be the ex-right date for shareholders of Vietnam Italy Steel Joint Stock Co (coded VIS). The company plans to allocate bonus shares with ratio of 2:1; to offer shares with par value of 10,000 dong per share.
Accordingly, the company will close the list of shareholders on March 2.
It is expected that VIS will list 7.5 million bonus shares on April 8. And on June 14, the company will continue listing additional 7.5 million shares to offer for existing shareholders.
The company’s shareholders can transfer the buying warrants for the additional shares within the period from March 18 to April 13, and register for purchasing the newly issued shares from March 18 to April 15.
The company planned to hold annual shareholders meeting on March 30 at the company’s head office in Pho Noi A Industrial Zone, Giai Pham Commune, Yen My Dist, Hung Yen province.
The HCM City branch of Vietnam Securities Depository Centre (VSD) will temporarily cease to receive deposited VIS shares on March 1, 2 and 3.