Wednesday, 18/11/2009 06:57

VCB: An issue plan and choice of an audited firm

Joint Stock Commercial Bank for Foreign Trade of Vietnam (VCB: Vietcombank) has announced some information as follows:

1.Choosing an audited firm to check the financial statements in quarter 1/2010 and authorizing the BOD to decide the audited firm.

2.An additional issue plan in 2009 to increase charter capital:

* Expected increased charter capital: VND1,122,959,830,000

* Stock type: Common stock, registered securities, VND10,000 / share

* Total issue volume: 112,295,983 shares

* Issue time: In 2009 after the authority office approve.

* Issue price: VND10,000/ share

* Objects: The existing shareholders at the record date

* Issue ratio: 9.28% (A shareholder owned 100 shares at the record date will receive 9.28% additional shares)

* The additional issued shares will be rounded: From 0.5 share will be rounded to 01 share, under 0.5 share will be rounded to 0.

* A plan of using capital from the issue: Investing in material base, technology and personnel; increasing short-term, middle and long-term credits; investing in joint-venture and capital contribution.

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