+ Time period for right transfer: from 30th September 2022 to 17th October 2022 Such shares will be subject to one-year transfer restriction from the date of offering closure.

+ Principle of handling unsubscribed shares: The number of shares that existing shareholders do not make subscription or only make partial subscription will be distributed by the Board of Directors (BOD) to shareholders, other investors with the same price as the official offering price. Shareholder A is entitled to receive (1,234x7)/8=1,079.75 shares , according to the principle of rounding down to the number of units, the number of shares that shareholder A is entitled to buy is 1,079 shares, the 0.75 fractional shares are calculated and offered to shareholders, other investors with the same price as the official offering price.

The Board of Directors decide to offer fractional shares (if any) to shareholders, other investors with the same price as the official offering price.Įxample: shareholder A who owns 1,234 shares on the record date is entitled to exercise rights. The fractional shares (if any) will be calculated by the Board of Directors. + Principle of rounding, handling the fractional shares: The number of shares issued will be rounded down to the unit. Principle of rounding, handling the fractional shares, unsubscribed shares (if any): + Execution rate: 8:7 (shareholders are entitled to 1 right for each share that they own and to buy 7 new shares for 8 rights). + Planned quantity of issued shares: 7,000,000 shares (Effective date of code allocation: 30th October 2022 effective date of code cancellation: 27th October 2022)

Ppt on joint stock company