VCR: Notice of share repurchase for Treasury stock
VCR announces the notice of share repurchase for Treasury stock as follows:
- Name of issuer: Vinaconex Investment and Tourism development JSC
- Stock code: VCR
- Securities type: Common stock
- Number of current treasury shares: 0
- Number of shares to be repurchase: 1,000,000 shares
- Purpose: For Treasury Stock
- Expected total number of treasury shares after repurchase: 1,000,000 shares
- Resource for repurchase: Profit after tax, share premium, funds and other legal capital
- Tender price: Market price
- Expected date for repurchase: From 28/5 – 28/8/2010.
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