Tuesday, 10/09/2013 16:39

SEB: Board Resolution


Mien Trung Power Investment and Development JSC announces Board Resolution on contributing capital in Tra Xom Hydroelectric Power and purchasing stocks of Tra Xom Hydroelectric Joint Stock Company approved on 20/05/2013 as follows:

-          Stock name: Tra Xom Hydroelectric Joint Stock Company

-          Par value: VND 10,000/share

-          Charter capital: VND 230,000,000,000

-          Contributed capital: VND 114,998,500,000

-          Capital to be contributed by SEB: VND 115,001,500,000 (accounting for 50% of charter capital)

Mien Trung Power Investment and Development JSC expected to contribute VND 115 billion (accounting for 50% of Tra Xom Hydroelectric Joint Stock Company‘s charter capital). Then, the Company will buy 15% of stock transferred by Tra Xom Hydroelectric JSC at minimum. After contributing capital, Mien Trung Power Investment and Development JSC will own 65% of Tra Xom Hydroelectric JSC’s charter capital.

 

HNX

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