Frequently Asked Questions (FAQ)

Including:

– Right to receive cash dividends.

– Right to receive stock dividends, bonus stocks.

– Right to buy additional issued shares.

– Right to vote.

– Right to receive interest and principal of bonds, treasury bills.

– Right to convert convertible bonds.

– Right to change name, split, consolidate shares.

– Right to swap, merge shares.

– Other types of rights as prescribed by law.

The trading date on which the buyer of shares will not receive the rights and the seller of securities or the owner will receive the related rights. The ex-rights trading date is the working day immediately preceding the last registration date. Vietnam Securities Depository and Clearing Corporation (VSDC) will close the list of customers owning securities on the last registration date to exercise the rights for shareholders. On the closing date, if the name is on the list, the securities owner will receive the related rights.

It is the right that the enterprise, based on business results and future plans, pays cash dividends to shareholders at a certain rate according to the list of rights closing on the last registration date announced in advance. On the payment date (the date of exercising the right), the value of the cash dividend received will be automatically recorded in the securities account of the investor who has closed the right.

– The date on which the Vietnam Securities Depository (VSDC) closes the list of securities owners entitled to exercise the relevant rights according to previously announced information. The last registration date is the working day following the ex-rights trading date of the securities.

The rights payment date, also known as the rights exercise date, is the date on which the received rights value will be returned to the Investor’s securities account according to the shareholder list closed on the last registration date.

– Deposited securities: information on the rights of securities owners will be monitored on the account system of depository members and Vietnam Securities Depository and Clearing Corporation (VSDC). When exercising rights, VSDC will automatically account for and allocate rights to securities owners through the securities owners’ accounts opened at depository members.

– Undeposited securities: information on the rights of securities owners will be monitored on the account system at VSDC. When exercising rights, securities owners will come to exercise rights at the Issuer or at VSDC (in case the issuer authorizes VSD to exercise).

It is the right of the Enterprise to issue additional shares to Shareholders to pay dividends from retained profits from business results or undistributed profits according to the list of rights finalizing on the last registration date announced earlier. On the payment date (the date of exercising the rights), the value of the received stock dividends/stock bonuses will be automatically recorded in the securities account of the investor who has finalized the rights

It is the right to purchase shares at a preferential price for shareholders at a certain rate according to the list of closing rights on the last registration date announced in advance and the beneficiary will register to purchase within the time period specified by the issuing organization (enterprise). If the beneficiary does not register to purchase the rights within the specified time period, it is considered as refusing to receive the rights.

According to regulations, investors will be subject to tax on the income received from the right to receive cash dividends; the right to receive stock dividends or bonus stocks.

The amount of personal income tax payable = Value of cash dividends x tax rate of 5%.

The amount of personal income tax payable = Value of shares paid as dividends or bonus stocks at the time of transfer x tax rate of 5%

– Issuance of convertible bonds (including issuance to existing shareholders).

– Issuance of individual securities, offering securities to investors who are not existing shareholders.

– Issuance of shares under the employee stock option program in the company.

– Issuance of additional shares under the swap plan from merger transactions.

– Listed organizations implementing charter capital reduction.

– Offering treasury shares to existing shareholders.

– Other issuance cases that do not affect the rights of existing shareholders.