The Board of Directors of NBB Investment Corporation (NBB CORP) issued Board Resolution No.188/2013/TC-KT April 26, 2013 as follows:
Article 1: To cancel a plan of offering 500,000
private shares to strategic partner.
Article 2: To approve a plan of offering shares to
existing shareholders at a ratio 1:1 as follows:
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Stock type: common stock
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Par value: VND10,000/share
-
Offering price: VND10,000/share
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Objects: existing shareholders
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Offering volume: estimated 18,000,000 shares
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Total offering value: VND 180,000,000,000
-
Purpose: to add the company’s working capital
-
Plan of using capital from the offering: total earnings from
the issue will be invested in projects as follows:
+
To return money according commitment for DWS: 63 billion
dongs
+
To pay money loans, bonds: 110 billion dongs
+
To pay others for business: 7 billion dongs
-
Exercise ratio: 1:1 (A shareholder owning 10 shares will
receive 10 rights, 10 rights will be entitled to buy 8 new shares). Rights are
transferred only once at the price agreed by 2 partners and not done again to
the third one.
-
In the case the company’s existing shareholders do not buy
all of the new shares, the Board of Directors will be decided to choose others
investors at a price not less than VND10,000/ share
-
Time of implementation: from April to September 2013
-
All stock offering shall been registered for additional
depository at VSD and listing on HOSE.
Article 3: To approve the document of the public
offering.
Article 4: This resolution takes effect as from April
26, 2013.
