DBC: Plan of private placement to exchange stock of Hiep Quang JSC
DABACO Vietnam Corporation announces the plan of stock private placement as follows:
- Name of the issuer: DABACO Vietnam Corporation
- Address: Ly Thai To Street, Bac Ninh City, Bac Ninh Province
- Tel.: (0241) 3826077 – 3895111
- Fax: (0241) 3826095 - 3821377
- Stock code: DBC
- Stock type: Common stock.
- Par value: VND 10,000.
- Total volume of shares to be offered: 1,116,667 shares
- Offering method : private placement
- Subject of the placement: all shareholders of Hiep Quang JSC
- Reason: to exchange stock of Hiep Quang JSC so that DABACO will own 100% equity of Hiep Quang JSC
- Exercise rate: 1:1.5 (shareholders of Hiep Quang JSC will exchange 1.5 share of Hiep Quang JSC for 1 new share of DBC)
- Time for registration and settlement: from 8h00 on 01/7/2009 to 16h00 on 07/7/2009.
- Time of placement: 10/7/2009
- Expected date of additional listing; QIV-2009
- Place for prospectus distribution and share exchange: DABACO Vietnam Corporation, Ly Thai To street, Bac Ninh
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