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HAX – license of offering shares to public
On October 10th 2007, the State Securities Commission granted license to Hang Xanh Motors Service Joint Stock Company (HAXACO) for offering its shares to the public as follows:
Stock type: common stock
Par value: VND10,000
Total offering volume: 2,705,556 shares
Offering method:
Dividend payment in stock: 195,087 shares
Reward to members of BOD, Board of managers, Supervisory Board: 10,000 shares
Offer to existing shareholders (ratio 2:1): 812,865 shares
Offer to members of BOD, Board of managers, Supervisory Board and key employees: 81,286 shares
Private placement to strategic investors: 1,606,318 shares
Distribution period: within 90 days from the date of receipt of license.
HoSE
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