Two companies list additional shares

Vincom Joint Stock Co will list an additional 40 million shares on Ho Chi Minh City Stock Exchange.

The volume, representing a value of 400 billion VND (25 million USD), was issued to the company’s existing stockholders at rate of 1:1 early this year.

The issuance helped Vincom raise its charter capital from 800 billion VND (50 million USD) to 1.2 trillion VND.

In related news, Seafood Investment and Trade will also list an extra one million shares on the exchange. The volume was also issued to strategic partners.

VNA

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