|
TCL: Resolution of the Board of Directors
Tan Cang Logistics and Stevedoring JSC (HOSE: TCL) announced the resolution of the Board of Directors dated October 24, 2011:
Article 1: The Board of Directors approved to temporarily stop issuing stock to the Saigon Newport Corporation and strategic partner(s) according to the resolution of the 2011 Annual General Meeting:
- Offering volume issued to the Saigon Newport Corporation: 2,068,656 shares
- Offering volume issued to strategic partner(s): 1,987,446 shares
- Offering price: 120% of the offering price to the existing shareholders according to the resolution of the 2011 Annual General Meeting, equivalent to VND19,032/share (The offering price to the existing shareholders, VND15,680/share, was successfully issued from 08/19/2011 to 09/16/2011)
Article 2: The Board of Directors approved that the issuing underwriter Thanglong Securities JSC had not implemented the underwriting duty to the shares offered to the Saigon Newport Corporation and strategic partners.
HOSE
|
