On March 15th, 2019, the Ministry of Finance issued Circular No. 13/2019/TT-BTC amending and supplementing a number of articles of Circular 180/2015/TT-BTC guiding the registration of securities transactions. Contracting on the trading system for unlisted securities. The Circular takes effect from May 1st, 2019.
Accordingly, Circular No. 13/2019/TT-BTC provides changes in transaction registration when changing the number of securities compared to Circular 180/2015/TT-BTC, as follows:
The Circular No. 13/2019/TT-BTC has been amended in the direction that the transaction registration organization changes the transaction registration when changing the number of securities registered for trading on the Stock Exchange. This provision covers cases of changing the registration of transactions, including the case of increasing or decreasing the number of securities registered for trading.
According to the old rules, the cases of changing the registration of transactions include: “The organization registering the transaction shall perform the split or consolidation of stocks, issue additional shares to pay dividends or bonus shares or offer to buy the right to buy shares for existing shareholders to increase charter capital; The organization registering the transaction is separated or merged with the enterprise ”, has not covered all cases of changes in the number of shares registered for trading.
Thus, the Circular No. 13/2019/TT-BTC has included cases of changing transaction registrations (in case of increasing or decreasing the number of securities to be posted.