CTG: Vietinbank allowed to issue new shares to BTMU

On March 21, 2013, Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) received Official Document No.1812 dated March 19, 2013 by the State Bank of Vietnam. Accordingly, the State Bank of Vietnam allowed Vietinbank to increase its capital from VND26,217,545,370,000 to VND32,661,443,480,000 by issuing new shares to its foreign strategic shareholder, the Bank of Tokyo - Mitsubishi UFJ Ltd (BTMU), as follows:

-         Stock type: common stock

-         Par value: VND10,000/share

-         Issue method: private placement

-         Issue volume: 644,389,811 shares

-         Stock ownership rate: 19.73% (on Vietinbank’s charter capital after finishing the private placement to BTMU).

-         Issue price: VND24,000/share.

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