{"id":31276,"date":"2023-12-07T10:29:31","date_gmt":"2023-12-07T10:29:31","guid":{"rendered":"https:\/\/masterskills.org\/blog\/quyen-mua-truoc-preemptive-right-la-gi-muc-gia-dang-ki-quyen-mua-truoc.html"},"modified":"2023-12-23T08:01:01","modified_gmt":"2023-12-23T01:01:01","slug":"quyen-mua-truoc-preemptive-right-la-gi-muc-gia-dang-ki-quyen-mua-truoc","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/quyen-mua-truoc-preemptive-right-la-gi-muc-gia-dang-ki-quyen-mua-truoc.html","title":{"rendered":"Quy\u1ec1n mua tr\u01b0\u1edbc (Preemptive Right) l\u00e0 g\u00ec? M\u1ee9c gi\u00e1 \u0111\u0103ng k\u00ed quy\u1ec1n mua tr\u01b0\u1edbc"},"content":{"rendered":"
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H\u00ecnh minh ho\u1ea1 (Ngu\u1ed3n: investopedia)<\/p>\n<\/div>\n<\/div>\n

Quy\u1ec1n mua tr\u01b0\u1edbc\u00a0<\/font><\/b><\/p>\n

Kh\u00e1i ni\u1ec7m<\/b><\/p>\n

Quy\u1ec1n mua tr\u01b0\u1edbc\u00a0<\/b>hay\u00a0\u0111\u1eb7c quy\u1ec1n mua\u00a0<\/b>trong ti\u1ebfng Anh \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 preemptive right.<\/b><\/p>\n

Quy\u1ec1n mua tr\u01b0\u1edbc l\u00e0 m\u1ed9t quy\u1ec1n \u01b0u \u0111\u00e3i \u0111\u01b0\u1ee3c g\u1eafn v\u1edbi m\u1ed9t c\u1ed5 phi\u1ebfu \u0111ang l\u01b0u h\u00e0nh, do c\u00f4ng ty ph\u00e1t h\u00e0nh ra c\u1ed5 phi\u1ebfu \u0111\u00f3 \u0111\u1ec3 huy \u0111\u1ed9ng th\u00eam v\u1ed1n c\u1ed5 ph\u1ea7n.<\/p>\n

Quy\u1ec1n mua tr\u01b0\u1edbc cho ph\u00e9p ng\u01b0\u1eddi s\u1edf h\u1eefu nh\u1eefng c\u1ed5 ph\u1ea7n \u0111ang l\u01b0u h\u00e0nh \u0111\u01b0\u1ee3c mua m\u1ed9t s\u1ed1 nh\u1ea5t \u0111\u1ecbnh c\u1ed5 phi\u1ebfu trong \u0111\u1ee3t ph\u00e1t h\u00e0nh m\u1edbi c\u1ee7a c\u00f4ng ty, t\u1ea1i m\u1ed9t m\u1ee9c gi\u00e1 x\u00e1c \u0111\u1ecbnh th\u1ea5p h\u01a1n m\u1ee9c gi\u00e1 ch\u00e0o b\u00e1n ra c\u00f4ng ch\u00fang trong m\u1ed9t th\u1eddi h\u1ea1n nh\u1ea5t \u0111\u1ecbnh.<\/p>\n

C\u00e1c quy\u1ec1n n\u00e0y c\u0169ng \u0111\u01b0\u1ee3c chuy\u1ec3n nh\u01b0\u1ee3ng gi\u1eefa c\u00e1c c\u1ed5 \u0111\u00f4ng c\u00f3 quy\u1ec1n th\u1ee5 h\u01b0\u1edfng quy\u1ec1n v\u00e0 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u00e1c.\u00a0<\/p>\n

Th\u00f4ng th\u01b0\u1eddng, quy\u1ec1n mua tr\u01b0\u1edbc c\u00f3 th\u1eddi h\u1ea1n ng\u1eafn h\u1ea1n l\u00e0 ch\u1ee7 y\u1ebfu (t\u1eeb 2-4 tu\u1ea7n) v\u00e0 vi\u1ec7c ph\u00e1t h\u00e0nh quy\u1ec1n \u0111\u01b0\u1ee3c quy \u0111\u1ecbnh trong \u0111i\u1ec1u l\u1ec7 t\u1ed5 ch\u1ee9c c\u1ee7a c\u00f4ng ty.<\/p>\n

M\u1ee9c gi\u00e1 \u0111\u0103ng k\u00ed<\/span> quy\u1ec1n mua tr\u01b0\u1edbc<\/font><\/b><\/h3>\n

M\u1ee9c gi\u00e1 \u0111\u0103ng k\u00ed<\/span> trong t\u1ea5t c\u1ea3 c\u00e1c d\u1ea1ng quy\u1ec1n mua tr\u01b0\u1edbc th\u1ea5p h\u01a1n m\u1ee9c gi\u00e1 hi\u1ec7n h\u00e0nh c\u1ee7a c\u1ed5 phi\u1ebfu v\u00e0o th\u1eddi \u0111i\u1ec3m quy\u1ec1n \u0111\u01b0\u1ee3c ph\u00e1t h\u00e0nh.\u00a0<\/p>\n

\u0110i\u1ec1u n\u00e0y l\u00e0 do:\u00a0<\/p>\n

– R\u1ee7i ro c\u00f3 th\u1ec3 x\u1ea3y ra khi gi\u00e1 th\u1ecb tr\u01b0\u1eddng gi\u1ea3m trong th\u1eddi h\u1ea1n ph\u00e1t h\u00e0nh quy\u1ec1n v\u00e0 \u0111i\u1ec1u \u0111\u00f3 c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn \u0111\u1ee3t ph\u00e1t h\u00e0nh.\u00a0<\/p>\n

– M\u1ee9c ch\u00eanh l\u1ec7ch \u0111\u00e1ng k\u1ec3 n\u00e0y l\u00e0m t\u0103ng t\u00ednh h\u1ea5p d\u1eabn \u0111\u1ed1i v\u1edbi c\u00e1c c\u1ed5 \u0111\u00f4ng c\u0169. V\u00ec v\u1eady, \u0111\u1ec3 tr\u00e1nh cho c\u00e1c c\u1ed5 \u0111\u00f4ng c\u0169 kh\u1ecfi thi\u1ec7t, h\u1ecd \u0111\u01b0\u1ee3c mua c\u1ed5 ph\u1ea7n m\u1edbi theo gi\u00e1 l\u00ed thuy\u1ebft b\u1eb1ng ph\u1ea7n ch\u00eanh l\u1ec7ch gi\u1eefa th\u1ecb gi\u00e1 c\u1ed5 phi\u1ebfu tr\u01b0\u1edbc v\u00e0 sau khi t\u0103ng v\u1ed1n.<\/p>\n

Gi\u00e1 tr\u1ecb c\u1ee7a quy\u1ec1n<\/font><\/b><\/h3>\n

Gi\u00e1 tr\u1ecb c\u1ee7a quy\u1ec1n mua tr\u01b0\u1edbc (ch\u1ee9ng quy\u1ec1n) \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh nh\u01b0 sau:<\/p>\n

M= (P-F)\/(N+1)<\/p>\n

Trong \u0111\u00f3:\u00a0<\/p>\n

– P l\u00e0 th\u1ecb gi\u00e1 c\u1ed5 phi\u1ebfu<\/p>\n

– F l\u00e0 gi\u00e1 \u01b0u \u0111\u00e3i c\u1ee7a ch\u1ee9ng quy\u1ec1n<\/p>\n

– N l\u00e0 \u0111\u1ecbnh m\u1ee9c s\u1ed1 c\u1ed5 phi\u1ebfu c\u0169 \u0111\u1ec3 mua m\u1ed9t c\u1ed5 phi\u1ebfu m\u1edbi hay l\u00e0 s\u1ed1 l\u01b0\u1ee3ng quy\u1ec1n c\u1ea7n \u0111\u1ec3 mua m\u1ed9t c\u1ed5 ph\u1ea7n m\u1edbi = S\u1ed1 l\u01b0\u1ee3ng c\u1ed5 ph\u1ea7n c\u0169 \u0111ang l\u01b0u h\u00e0nh\/s\u1ed1 l\u01b0\u1ee3ng c\u1ed5 ph\u1ea7n m\u1edbi.<\/p>\n

Trong \u0111\u00f3: S\u1ed1 l\u01b0\u1ee3ng c\u1ed5 ph\u1ea7n m\u1edbi = m\u1ee9c v\u1ed1n c\u1ea7n huy \u0111\u1ed9ng\/gi\u00e1 \u0111\u0103ng k\u00ed<\/span> mua<\/p>\n

S\u1edf d\u0129 trong m\u1eabu s\u1ed1, N ph\u1ea3i c\u1ed9ng th\u00eam 1 l\u00e0 v\u00ec trong th\u1eddi h\u1ea1n \u0111\u0103ng k\u00ed mua c\u1ed5 ph\u1ea7n m\u1edbi, gi\u00e1 th\u1ecb tr\u01b0\u1eddng c\u1ee7a c\u1ed5 phi\u1ebfu (P) \u0111\u00e3 bao g\u1ed3m lu\u00f4n c\u1ea3 gi\u00e1 tr\u1ecb c\u1ee7a quy\u1ec1n.<\/p>\n

B\u00e1n quy\u1ec1n mua tr\u01b0\u1edbc<\/font><\/font><\/b><\/h3>\n

Tr\u01b0\u1eddng h\u1ee3p c\u00e1c c\u1ed5 \u0111\u00f4ng kh\u00f4ng mu\u1ed1n th\u1ef1c hi\u1ec7n quy\u1ec1n, h\u1ecd c\u00f3 th\u1ec3 b\u00e1n ch\u00fang tr\u00ean th\u1ecb tr\u01b0\u1eddng trong th\u1eddi gian quy\u1ec1n ch\u01b0a h\u1ebft h\u1ea1n.\u00a0<\/p>\n

Gi\u00e1 quy\u1ec1n ph\u1ee5 thu\u1ed9c v\u00e0o gi\u00e1 th\u1ecb tr\u01b0\u1eddng c\u1ee7a c\u1ed5 phi\u1ebfu. Ngo\u00e0i ra, c\u1ea7n l\u01b0u \u00fd r\u1eb1ng v\u00e0o ng\u00e0y \u0111\u1ea7u ti\u00ean c\u1ed5 ph\u1ea7n \u0111\u01b0\u1ee3c mua b\u00e1n kh\u00f4ng c\u00f2n k\u00e8m \u0111\u1eb7c quy\u1ec1n, gi\u00e1 th\u1ecb tr\u01b0\u1eddng s\u1ebd gi\u1ea3m m\u1ed9t kho\u1ea3ng b\u1eb1ng v\u1edbi gi\u00e1 tr\u1ecb c\u1ee7a \u0111\u1eb7c quy\u1ec1n (v\u00ec c\u1ed5 ph\u1ea7n b\u00e2y gi\u1edd \u0111ang \u0111\u01b0\u1ee3c b\u00e1n kh\u00f4ng c\u00f3 \u0111\u1eb7c quy\u1ec1n).\u00a0<\/p>\n

Khi \u0111\u00f3, gi\u00e1 tr\u1ecb c\u1ee7a m\u1ed9t \u0111\u1eb7c quy\u1ec1n s\u1ebd l\u00e0:<\/p>\n

M= (P-F)\/N<\/p>\n

(T\u00e0i li\u1ec7u tham kh\u1ea3o: Gi\u00e1o tr\u00ecnh Th\u1ecb tr\u01b0\u1eddng Ch\u1ee9ng kho\u00e1n, Tr\u01b0\u1eddng \u0110H Kinh t\u1ebf Qu\u1ed1c d\u00e2n, , NXB T\u00e0i ch\u00ednh)<\/i><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n Quy\u1ec1n mua tr\u01b0\u1edbc (ti\u1ebfng Anh: Preemptive Right) l\u00e0 m\u1ed9t lo\u1ea1i ch\u1ee9ng kho\u00e1n ph\u00e1i sinh. L\u00e0 m\u1ed9t quy\u1ec1n \u01b0u \u0111\u00e3i \u0111\u01b0\u1ee3c g\u1eafn v\u1edbi m\u1ed9t c\u1ed5 phi\u1ebfu \u0111ang l\u01b0u h\u00e0nh.<\/p><\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31276"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=31276"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31276\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=31276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=31276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=31276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}