HDC: Announcement of a private placement
Ba Ria - Vung Tau House Development Joint Stock Company (HODECO) announced a private placement to increase charter capital:
* Issuer: Kimeng Vietnam Securities Joint Stock Company
* Head office: Floor 3, Hodeco Plaza, 36 Nguyen Thai Hoc, Ward 7, Vung Tau City.
* Tel: 0643.856274 Fax: 0643.856205
* Consulting company: Kimeng Vietnam Securities Joint Stock Company (KEVS)
* Stock:
+ Name: Stock of Kimeng Vietnam Securities Joint Stock Company
+ Stock type: common stock
+ Par value: VND10,000.
* Offer volume: about 4,600,000 shares
* Object of the offering: The Board of Directors will decide according to the offering plan adopted by the 2010 Annual General Meeting.
* Time of implementation: Expected from April 16, 2010 to June 30, 2010.
* Offering price: Not les than 80% of the average close price of the nearest 5 trading days of HDC stock.
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