|Dat Xanh Services will offer 71,66 million shares at its IPO|
From March 31, 2021, Dat Xanh Real Estate Service JSC officially launched an initial public offering (IPO) together with listing shares on the Ho Chi Minh City Stock Exchange in order to increase transparency in the operations and business activities of the company, creating favourable conditions and diversifying methods of capital mobilisation in the stock market. The company will use the entire amount raised from the issuance to serve the company’s operations and business activities.
The specifics are as follows:
1.Stock name: Dat Xanh Real Estate Service Joint Stock Company.
2.Stock type: Common stock.
3.The number of shares offered: 71,660,228 shares, of which:
a.Number of shares offered by the issuing organisation: 35,830,114 shares; accounting for 11.11 per cent of the number of shares of the same type in circulation
b.The number of shares offered for sale: 35,830,114 shares.
1.The ratio of the number of the shares offered for sale and the total number of shares owned: 13.20 per cent
2.The ratio of the number of the shares for sale and the total number of outstanding shares of the same type of public company whose shares are offered for sale: 11.11 per cent.
4.Offering price: VND32,000 per share.
5.Total value of expected mobilised capital: VND2,293,127,296,000, in which:
a.The value of capital raised by the issuer: VND1,146,563,648,000;
b.Value of capital collected from shareholders: VND1,146,563,648,000.
6.Distribution method: Through the issuing agent.
7.Minimum subscription amount: 1,000 (one thousand) shares, registered in multiples of 100 shares.
8.Time to receive subscriptions: From March 31, 2021 to April 19, 2021.
9.Time to receive stocks purchasing payment: From March 31, 2021 to April 19, 2021.
10.Where to register to buy shares:
– Viet Capital Securities JSC (VCSC)
– Ho Chi Minh City Securities Corporation (HSC)
– MB Securities JSC (MBS)
– Mirae Asset Securities (Vietnam) LLC (MIRAE ASSET)
– SSI Securities Corporation (SSI)
– VNDIRECT Securities Corporation (VNDIRECT)
– Yuanta Securities Vietnam Limited Company (YUANTA)
– VPS Securities JSC (VPS).
11.Blocked account to receive shares purchasing transfer:
– Name of account: Dat Xanh Real Estate Service JSC
– Account number: 113 002 873 493
– Operated at: Vietnam Joint Stock Commercial Bank for Industry and Trade – Thu Thiem branch.
12.Location of prospectus announcement and offering documents:
Website of Dat Xanh Real Estate Service JSC:
Website of Group Dat Xanh Real Estate: www.datxanh.vn
By Ngoc Hang