VNI: The BOD’s resolution of buying back shares
Vietnam Land Investment Corporation (VINALAND INVEST CORP.) has announced the BOD’s resolution of buying back shares as follows:
Article 1: A plan of buying back shares:
* Stock symbol: VNI
* Par value: VND10,000
* Total owning volume before trading: 100,130 shares
* Volume registered to buy: 100,000 shares
* Purpose: Buying back shares
* Capital: capital surplus and the 2009 remaining profit
* Expected trading time: From July 15, 2010 to October 15, 2010
* Trading method: Put through and/or order matching
* Price definition: The market price and average price is not higher the VND26,500 / share
* Securities firm authorized to trade the shares: VPBank Securities Company Limited – HCMC. Branch – 129 Nguyen Chi Thanh St., Ward 9, Dist. 5, HCMC.
Article 2: The license is valid as from July 07, 2010.
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