HUT: Right issue
Vietnam Securities Depository and Clearing Corporation (VSDC) would like to announce the record date of corporate action processing for the Securities registering institution as follows:
- Right code: MIRHUT261
- ISIN code: VNMIRHUT2619
(Effective date of code allocation: 21/10/2026; effective date of code cancellation: 13/11/2026)
- Planned quantity of issued shares: 35,609,519 bonds
- Issue price: VND 100,000/share
- Execution rate: 30:1 (On the record date for the list of shareholders to exercise rights, a shareholder owning 1 share is entitled to 1 right. Every 30 rights entitle the holder to purchase 1 bond; subscription rights are transferable once).
- Principle of rounding, handling of fractional shares and unsubscribed shares (if any): To ensure the total volume of issued bonds is not exceeded, the number of bonds allocated to each existing shareholder will be rounded down to the whole number.
- Example: Shareholder A holds 152 shares, entitling them to 152 rights. The number of bonds eligible for purchase is calculated as 152 ÷ 30 = 5.067 bonds. Applying the aforementioned round-down principle, the number of bonds Shareholder A may purchase—after rounding down to the nearest whole number—is 5 bonds.
Regarding fractional bonds and undistributed bonds remaining after the conclusion of the issuance period for holders of common shares, the Board of Directors shall offer them for sale to other parties, provided that the offering terms and the conditions regarding investors' rights and obligations are not more favorable than those offered to holders of common shares.
- Regulations on rights transfer:
+ Time period for right transfer: from 21/10/2026 to 04/11/2026.
+ Right may be transferred only once, The transferee of subscription rights may not further transfer those rights to a third party.
- Regulations on subscription:
+ Period for share subscription and payment: From 21/10/2026 to 10/11/2026.
+ Subscribed securities are freely transferable.
- Place for implementation:
+ The holders whose shares have been deposited have to carry out procedures for the transfer of subscription rights, subscription registration, and payment at the depository members (DMs) where they opened depository accounts.
+ The holders whose shares have not been deposited shall carry out procedures for the transfer of subscription rights, subscription registration, and payment at the Company’s headquarters: Floors 1 and 20, Tasco Building, Lot HH2-2, Pham Hung Street, Tu Liem Ward, Hanoi City. ID Card/Passport (for individuals) or Business Registration Certificate (for institutions) have to be presented.
- Information on blockade account for subscription:
+ Account holder: TASCO Joint Stock Company
+ Account number: 119002923250
+ Account opening place: Vietinbank - Thang Long Branch
- Information on VSDC' Branch account receiving subscription payments from depository members:
+ Account holder name: Viet Nam Securities Depository and Clearing Corporation
+ Account number: 1220173177
+ Bank: Joint Stock Commercial Bank for Investment and Development of Vietnam - Ha Thanh Branch
Coordination details and procedures for corporate action processing for holders of the above securities between VSDC, the Securities registering institution and depository members are specified in the Guideline on corporate action processing for securities holders at VSDC.
TASCO Joint Stock Company and the parties involved in the process of preparing the dossier, documents of corporate action processing are fully responsible before the law for the legality, accuracy, truthfulness and completeness of the dossier; Institutions and individuals participating in the confirmation of records and documents shall be legally responsible within the scope related to such records and documents as prescribed in Clause 1, Article 11a of the Securities Law No. 54/2019/QH14 dated 26/11/2019, supplemented by Clause 4, Article 1 of Law No. 56/2024/QH15 dated 29/11/2024.
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