TRI: Issuing shares under private placement
Sai Gon Beverages Joint Stock Company (TRI: TRIBECO) has informed of issuing shares under private placement as follows:
* Stock type: Common stock
* Par value: VND10,000/share
* Issuing volume: 25,000,000 shares
* Issuing time: Q1 & Q2/2009
* Issuing method: Private placement to strategic partners
* Issuing price: The average closing price in 5 trading days from the third working day since the State Securities Commission informs of receiving documents fully from the company.
* Purpose: Operation of the company is in troubles. Thus, in order to ensure its finance source, the issuance under the private placement is expected to earn more than VND125 billion.
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