PAC: The record date for additional issuance

PAC: The record date for additional issuance
HOSE announces the record date for additional issuance as follows:

Name of the listed firm: Dry Cell and Storage Battery Joint Stock Company (PINACO)

Stock symbol: PAC

Stock type: Common stock

Par value: VND10,000

Ex-right date: January 17th 2008

Record date: January 21st 2008

Issuing volume to existing shareholders: 3,000,000 shares

Issuing method:

Exercise ratio: 4:1 (on the record date, shareholder who owns 1 share will have 1 right; 4 rights can buy 1 share. The number of additionally issued shares is rounded in tens). The remaining shares after being rounded and the shares which shareholders refuse to exercise right will be offered to others at the price not less than the one to existing shareholders.

For example: On the record date, shareholder Nguyen Van A who owns 1,250 shares will have 1,250 rights thus he can buys 1,250 x 1/4 = 312.5 shares. After being rounded, he actually buys 310 shares.

The right is transferable only once.

The additional issued shares are transferable.

Issuing price to existing shareholders: VND25,000/share

Transference period: from January 29th 2008 to March 4th 2008

Time for registering and depositing money to buy shares: from January 29th 2008 to March 6th 2008.

Place to register and deposit money:

Shareholders whose shares have been deposited: at the securities firms where shares have been deposited.

Shareholders whose shares have not been deposited at the following places:

HCMC : PINACO, 321 Tran Hung Dao, Dist.1, HCMC

Hanoi : PINACO – Hanoi Branch, 2 Dang Thai Than, Hoan Kiem Dist., Hanoi

Danang : PINACO – Danang Branch, 212 Dien Bien Phu, Thanh Khe Dist., Danang.

Estimated issuing date: April 8th 2008

Bank for blocking money:

Account No.: 310.10.00.0465119 – Bank for Investment and Development of Vietnam – Ho Chi Minh Branch (134 Nguyen Cong Tru, Dist.1, HCMC)



Viet Nam Securities Depository – Hochiminh Branch will temporarily suspend the depository activities for PAC on January 18th, 21st & 22nd 2008.

Source:VSE