PUBLIC OFFERING ANNOUNCEMENT - INVESTMENT AND INDUSTRIAL DEVELOPMENT JOINT STOCK CORPORATION

NOTICE ON PUBLIC SHARE OFFERING (Certificate of public share offering registration No. 33/GCN-UBCK issued by the Chairman of the State Securities Committee

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PUBLIC OFFERING ANNOUNCEMENT - INVESTMENT AND INDUSTRIAL DEVELOPMENT JOINT STOCK CORPORATION

06/02/2025

NOTICE ON PUBLIC SHARE OFFERING

(Certificate of public share offering registration No. 33/GCN-UBCK issued by the Chairman of the State Securities Committee on February 3rd, 2025)

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I. With respect to the Issuer

  1. Name of the Issuer: INVESTMENT AND INDUSTRIAL DEVELOPMENT JOINT STOCK CORPORATION                                                          

  2. Abbreviation: BECAMEX IDC CORP.

  3. Headquarter: 9th Floor, WTC Tower, 1 Hung Vuong Street, Hoa Phu Ward, Thu Dau Mot City, Binh Duong Province, Vietnam

  4. Telephone: (+84-27) 4382 2655                             Fax: (+84-27) 4382 2713                            Website: www.becamex.com.vn

  5. Charter capital: VND 10,350,000,000,000

  6. Ticker: BCM

  7. Account opening bank: Joint Stock Commercial Bank for Investment and Development of Vietnam – Binh Duong Branch                        Account number: 650.00.00.336

  8. Enterprise Registration Certificate No. 3700145020 issued by the Department of Planning and Investment of Binh Duong Province on June 3, 2010, and 9th amendment on January 10, 2025.

  • Main business lines: Real estate business, ownership or leasehold rights to land. (Except for investment in the construction of cemetery infrastructure for the transfer of land use rights associated with the infrastructure). Details: Real estate business. Infrastructure business for industrial zones, residential areas, and urban areas; worker housing services. Industry code: 6810.

  • Main products/Services: Real estate business. Infrastructure business for industrial zones, residential areas, and urban areas; worker housing services.

  1.  Establishment and operation license (if any): None

II. Purpose of the offering

  • Invest in projects owned by Investment And Industrial Development Joint Stock Corporation.

  • Contribute capital to establish new or increase the charter capital of subsidiary units.

  • Financial restructuring of Investment And Industrial Development Joint Stock Corporation.

III. Plan of the offering

  1. Name of shares: Shares of Investment And Industrial Development Joint Stock Corporation

  2. Type of shares: Common shares

  3. Number of shares to be issued: 300,000,000 shares, to which:

  • Shares offered by the Issuer : 300,000,000 shares;

  • Shares offered by shareholders: 0 share.

  1. Offering price: Subject to the auction results

  • According to the plan of offering in the prospectus: The offering price depends on the auction results. The actual starting bid price will be determined by the Board of Directors of the Investment And Industrial Development Joint Stock Corporation and announced before the Notice on Public Share Offering is published. The starting price will be determined based on the following principles: (i) Not lower than the book value in the combined financial statements of the Investment And Industrial Development Joint Stock Corporation in the latest period, and; (ii) Not lower than the average closing price of the last 30 trading sessions of BCM shares prior to the date of publication of the Notice on Public Share Offering, and; (iii) Not lower than VND 50,000 per share.

  • Based on the above-mentioned principles for determining the starting bid price, the Board of Directors has issued Resolution No. 08/NQ-HĐQT dated February 5, 2025, deciding the starting bid price for the auction of BCM shares is VND 69,600 per share

  1. Total mobilize capital: VND 20,880,000,000,000, to which:

5.1. The total mobilize capital according to the Prospectus is VND 15,000,000,000,000, assuming the successful sale of 300,000,000 shares at a minimum price of 50,000 VND per share, of which:

  • Total mobilize capital by the Issuer: VND 15,000,000,000,000;

  • Total mobilize capital by the shareholders: VND 0.

5.2. The total mobilize capital according the starting bid price approved by the Board of Directors of the Investment And Industrial Development Joint Stock Corporation, as per Resolution No. 08/NQ-HĐQT dated February 5, 2025 (VND 69,600 per share), is VND 20,880,000,000,000, of which

  • Total mobilize capital by the Issuer: VND 20,880,000,000,000;

  • Total mobilize capital by the shareholders: VND 0.

  1. Distribution method: Through a public auction at the Hochiminh Stock Exchange

  2. Minimum of shares purchase to be registered: A minimum of 100 shares, and the registration must be in multiples of 100 shares.

  3. Time of receiving purchase request: Issuer will announce the registration period after completing the registration procedures with the Hochiminh Stock Exchange.

  4. Place of receiving registration of shares purchase: At the auction agents according to the public share offering auction regulations of Investment And Industrial Development Joint Stock Corporation, carried out at Hochiminh Stock Exchange

  5. Time receiving purchase payment: According to the public share offering auction regulations of Investment And Industrial Development Joint Stock Corporation, carried out at Hochiminh Stock Exchange

  6. Escrow account to receive the purchasing amount:

  • Account holder name: Investment And Industrial Development Joint Stock Corporation

  • Account number: 8646686868

  • Opening bank: Joint Stock Commercial Bank for Investment and Development of Vietnam – Binh Duong Branch

12. Relating organization:

  • ADVISORY ORGANIZATION:

SSI SECURITIES CORPORATION

Address: 72 Nguyen Hue, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

Tel: (+84-28) 3824 2897                    Fax: (+84-28) 3824 2997

Website: www.ssi.com.vn

  • AUDITING FIRM

AUDITING AND CONSULTING LIMITED COMPANY

Address: 02 Truong Son, Ward 2, Tan Binh District, Ho Chi Minh City, Vietnam

Tel: (+84-28) 3547 2972         Fax: (+84-28) 3547 2971

Website: www.a-c.com.vn

13. Place of disclosure of prospectus:

ATTACHMENTS:

SSI