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MBB: Resolution on resolving the undistributed shares
On March 23, 2012, the BOD of Military Commercial Joint Stock Bank announced a resolution of the Board of Directors to resolve the undistributed shares:
- Approving the plan to resolve the undistributed shares of the offering to existing shareholders:
- Total offering volume: 270,000,000 shares
- Distributed volume: 261,558,297 shares
- Undistributed volume: 8,441,703 shares
- The Board of Directors unanimously approved to offer the remaining shares (8,441,703 shares) with a discount of 20% at the price not lower than par value.
- Time of transfer restriction: 06 months from the issue date.
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