02/10/2015, Transaction not receive interest day dividend shares ( Ratio 100 : 7 ) , the preferential sale ( Ratio 1 : 1 )
Announced last registration date up a list of shareholders for shares of JSC MAC Supply and Marine Engineering Services as follows :
1. Final registration date : 10/06/2015
2. The ex- rights date : 02/10/0015
3. Reason and purpose :
* Payment of dividends in shares to existing shareholders:
– Exercise ratio: 100: 7 (Shareholders owning 100 shares will receive 07 shares)
– Option rounded, plans for dealing with retail shares: Number of shares issued to pay dividends in additional shares will be rounded down to units, fractional part (if any) will be canceled.
A shareholder owns 139 shares of MAC, with the right ratio of 100: 7, the number of new shares A shareholder receives is 139 x 7/100 = 9.73 shares. According to the rounding rule, the number of new shares that shareholder A shares received is 9 and 0.73 fractional shares will be canceled
– Place of performance:
+ Securities not deposited: The owner of procedures to receive dividends in stock at Headquarters JSC Supply and Technical Services Maritime and produce their identity cards
+ Securities Depository: The owner of procedures to receive dividends in shares in the member where open custody accounts
* Issue of shares for existing shareholders:
– Number of shares planned to be issued: 6,333,123
– Exercise ratio: 1: 1 (01 shares were 01 right, 01 right to buy 01 new shares)
– Issue price: 10,000
– Plan for dealing with individual stocks and shares not sold out: the offering not arise retail stocks. For shares not purchased before, the Board handles the odd shares, shares not sold in the direction of offering more for investors concerned with price no lower than the issue price for existing shareholders , the case is still not sold out, the charter capital increase the number of shares actually issued
Example: A shareholder owns 139 shares of MAC, with the right ratio of 1: 1, the number of new shares to be purchased are shareholders A 139 x 1/1 = 139 shares
– Information on account ordering:
+ Name: JSC Supply and Technical Services Maritime
+ Where to open an account: Bank Vietnam Joint Stock Commercial Prosperity – Hai Phong Branch
+ Account number: 81160268
– Type of shares purchased: Securities purchased are transferable Freedoms.
– Time Transference:
+ Start time : 10/14/2015
+ End time : 11/04/2015
– Registration time bid :
+ Start time : 10/14/2015
+ End time : 11/11/2015
– Place of performance :
+ Securities not deposited : The owner of procedures Transference , registration and payment order placed to buy shares at Headquarters JSC Supply and Technical Services Maritime .
+ Securities Depository : The owner of procedures Transference , registration and payment order placed to buy shares in the Depository members where they opened depository account securities
– Hits Transference : The right to buy was transferred 01 times.
Shareholders General Assembly adopted the company business plan in 2015 with revenue targets 135 billion, profit before tax of 20 billion dividend payment ratio of 10 % .
JSC Supply and Technical Services Maritime – Maserco ( Ticker : MAC ) announced the resolution of the Annual General Meeting of Shareholders in 2015.
General Assembly 2015 Annual Shareholders held on 28.3.2015 adopted shining statement of production and business of the company in 2014. In particular, the total revenue of the company reached 114 billion , interest 5.3 billion net . Compared with 2014 business plan set includes 80 billion turnover and profit after tax of 3 billion is Maserco completed and exceeded the annual plan. In addition, the General Assembly of Shareholders also approved the business plan in 2015 with revenue targets 135 billion, profit before tax of 20 billion dividend payment ratio of 10 % .
Besides, the congress also approved the 2014 dividend payment in shares at the rate of 7 % in net earnings . Another important content that Congress passed the charter capital increase by way of issue of shares to existing shareholders at a ratio of 1 : 1 with a par value of 10,000đ/share and the total number of shares expected company after issuance and dividend is 13.11 million shares vi.Theo calculations, after the chartered capital increased by 107 % compared to the previous amount , the share price MAC likely to decrease by 27 % compared to the price before the capital increase . Currently , the share price is trading around the landmark MAC 14.000đ/share .
The entire amount of over 63 billion received from the capital increase will be used for investment companies 4ha Depot container repair standards in Dinh Vu , complete the reconstruction of Depot 173 Ngo Quyen , buy lifters and container trucks , additional investment machinery for mechanical processing and supplement working capital
Although MAC investment in Hai An Port has large but lucrative business plan of the company in 2015 have yet to mention the realization of profits .
JSC Supply and Technical Services Maritime ( MAC ) has announced the implementation resolutions AGM 2014 and the tasks for 2015.
Far beyond the business plan 2014
After 3 years from 2011 to 2013 annual earnings of just under 2 billion, MAC has made certain moves to restructure . By 2014 , model construction company has gradually stabilized. The company has plans beyond that assigned by the shareholders with revenue of nearly 109 billion, over 35 % ; Profit after tax reached 5.3 billion, exceeding the target of 76% compared voike . According to the MAC , one of the other advantages of the company ‘s existing partner systems , customers increasingly stable and the company has built many relationships with potential customers . Planned growth in 2015.
Although there are many advantages , but in 2014 the company has encountered difficulties as the common transport market downturn and still no signs of prosperity led to the level of competition for maritime services is very intense . However , MAC has been a good preparation and ensure stable production exceeded plan , has prepared the infrastructure , facilities and equipment for the plan year 2015.Voi remarks the market situation , the company ‘s board of directors has established a business plan in 2015 as follows :
Not to mention of saving ?
“Savings” is one of those terms that investors are very interested in the business plan of the MAC. As we have previously reported, the Port of Shanghai Anlen floor with stocks listed HAH, many investors have started to pay more attention to the MAC where MAC is a major shareholder of HAH. By the end of 2014, MAC has been stalking Port investments in Hai An and the cost was 16.4 billion. Calculated at the closing price of the 3rd session on HNX HAH is 41,200 VND / share, the value of investments in HAH MAC 68 billion to nearly 4 times more immediate investment value. The question is MAC plans to realize lucrative investments on or not? According to the business plan of the MAC recently announced the “savings” the company has not been mentioned. The Company has elected board members participate in managing the company achieved profits of MAC khaco capital such as Indonesia Maritime Corporation, Hai An Port Stevedoring JSC.
Update by Infonet
11/03 next day , Transport and unloading Hai An JSC ( code : HAH ) will officially traded on HOSE . But from the day 12/02 , shares of major shareholders as MHC , MAC and TMS have increased relatively attractive compared with the market.
– On 11/03, Transport and unloading Hai An (code: HAH) will be officially listed on HOSE with the listing price has been raised from 37,000 VND / share to 40,000 dong.
– This is an enterprise which was judged to be good with underlying sales growth of 20% / year. Net sales in 2014 reached 430.7 billion – an increase of 92.6% and profit after tax of 113.2 billion – an increase of 37.2% compared with 2013.
– With a large percentage of ownership to HAH, share prices of companies such as MHC, MAC, TMS has grown quite attractive in recent times. 11/03 next day, Transport and unloading Hai An (often referred to as the port of Hai An, code: HAH) will officially traded on Exchange Ho Chi Minh City (HOSE) with the listed price has been raised from 37,000 VND / share to 40,000 dong. Unknown stock movements after the bourse HAH will turn out, but shares of the largest shareholder is JSC MHC (code: MHC), Joint Service Delivery and Maritime Engineering (code: MAC) and Joint Transimex Saigon (code: TMS) has soared in recent days.
Hai An Port – a lucrative investment
Hai An Port is considered a good fundamental businesses . Established since 2009 , specializes in providing services related to seaports and inland freight services including operation of seaports and maritime transport services , the company recorded a sales growth of about 20 % / year . Particularly in 2014, the company’s net sales reached 430.7 billion – an increase of 92.6 % compared with 2013. Profit after tax increased by 37.2 % to 113.2 billion . Thus, the rate reached 26.3 % profit margin .
Output of goods through the port of Hai An ongoing growth from 2012 to the present, in which , with strategic focus on developing inland transport services , production of domestic unloading 38 091 TEU has skyrocketed since 2012 over 62 309 TEU in the first 9 months of 2014. The company also paid dividends at a high rate . In 2012, the dividend rate is 18 % , in 2013 was 25% and the expected rate for 2014 was 30 % . Compared with the trading company terminal operator in the port area as Hai Phong Hai Phong , Doan Xa port , port Transvina , Greenport harbor , Dinh Vu port , Newport … the port of Hai An advantageous position when located at Cam river downstream , the water line further ( – 8.7 m ) , wide road to the port should be able to pick up the advantages of large vessels up to 20,000 DWT .
However, because only one port of Hai An jetty should have difficulty in organizing the ship operators have the same schedule as well as in attracting the ship into port. Since 2012 , the company has plans to invest in expanding the port ( phase II ), including the construction of a jetty but due to the planned city of Hai Phong , the project is on hold, pending reviews Its authorities . Besides, with the Ministry of Transport adjustment detailed planning Lach Huyen port area into an international gateway ports in Hai Phong ( scheduled for completion in 2016 and has the capacity to receive large container ships up to 8000 TEU ) , Customs An port and other ports in Hai Phong will bear enormous competitive pressure in the international port services .
Hold large ownership rate for HAH , stock prices MHC , TMS and MAC have skyrocketed Currently , MHC and TMS is the largest shareholder of HAH with ownership ratio 27.93 % respectively and 24.38 % . Owning a smaller proportion Supply Corporation and marine engineering services ( code : MAC ) with 6.3% .
With this ownership rate, while HAH listed with a starting price of VND40,000 / share, the value of investments in MHC HAH will amount to 259 billion (book value was 128.6 billion), of TMS is 226.2 billion (book value 71.25 billion) and the MAC is 58.5 billion (book value is 16.4 billion). Profit from HAH has contributed significantly to the final outcome of these business enterprises. From 12/02 to 02/03 days, the share price has continued to increase MHC from 12,000 VND to 15,000 VND, equivalent to an increase of 25%, shares rose from 12,100 MAC dong to 14,600 dong equivalent to a growth of 20.7% TMS also increased from 48,000 VND to 56,000 VND, equivalent to an increase of 16.7%. In particular, despite the general market correction in 28/02 and 02/03 days, stocks have hit the ceiling MHC 2 consecutive sessions. Comparing the difference between market value and book value of investments in enterprises HAH also find attractive enough, and it might be motivated to make up for stock appreciation MHC, MAC and TMS.
However, this difference is recognized only to the profits of the major shareholders to sell HAH now done, and if not, the stock price is higher than the book value HAH only help these businesses recorded increased the value of long-term investments and increase property values. Apart from the listed motivations of the port of Hai An, maybe every enterprise will have its own story. For example, the MHC has advocated raising 270 billion from the issuance to existing shareholders, strategic shareholders and officers and employees for the purpose of professional financial investment, bought large percentage holding to test control. However, what a lot of investors are waiting for now is whether the stocks mentioned above have all been motivated and profit-taking on the day the transaction official HAH? MHC: Expected to mobilize 270 billion by issuing shares.