Lu Gia Mechanical Electric Joint Stock Company announces the record date for rights offering:
- Stock symbol: LGC
- Stock type: Common stock
- Par value: VND10,000
- Ex-right date: August 01, 2013
- Record date: August 05, 2013
- Purpose: to implement shareholders’ rights
- Volume registered to issue: 8,283,561 shares
- Issue price: VND10,000/share
- Exercise ratio: 1:1 (a shareholder owning 01 share will get 01 right, and owning every 01 right will be entitled to buy 01 new share).
- Plan for fractional and undistributed shares:
+ The undistributed shares (if any) and fractional parts will be offered to other investors by the Board of Directors.
For example, if shareholder A owns 100 shares at the record date, he will receive 100 shares and every 01 right will be entitled to buy 01 new share.
Principle for rights transfer:
- Time of transfer: from August 15, 2013 to September 03, 2013
- Rights are transferred only once
Regulation on stock purchase:
- Time for registration and payment: from August 15, 2013 to September 06, 2013
- The new shares are transferable.
Place of implementation:
- Shareholders whose shares have been deposited: shareholders make procedures to transfer rights and deposit money to buy shares at the securities firms where the shares have been deposited.
- Shareholders whose shares have not been deposited: shareholders make procedures to transfer rights and deposit money to buy shares at Lu Gia Mechanical Electric Joint Stock Company
Bank for blocking depository money:
- Account name: Lu Gia Mechanical Electric Joint Stock Company
- Account number of VND: 127 435 19 at Asia Commercial Bank – Phu Tho Branch.