Tuesday, 03/04/2012 09:58

CTD: Coteccons issues new shares to strategic partners

Cotec Construction Joint Stock Company (Coteccons) announced a private placement:

+ Issuer:

- Issuer: Cotec Construction Joint Stock Company (Coteccons)

- Head office: 236/6 Dien Bien Phu, Ward 17, Binh Thanh District, Hochiminh City

- Charter capital: VND317,700,000,000.

+ Stock:

- Name of stock: Stock of Cotec Construction Joint Stock Company

- Par value: VND10,000/share

- Issue volume: 10,430,000 shares

- Issue value: VND104,300,000,000.

- Investors: strategic partners chosen by the Board of Directors.

- Offering price: VND50,000/share

- Transfer restriction period: 03 years from the issue date.

- Estimated issue time: April 11, 2012.

- Place: Cotec Construction Joint Stock Company.

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