VCV: VCV: General Mandate
On 18/10/2013, Vinaconex
Transportation Joint Stock Company announced General Mandate which was approved
by taking a ballot as follows:
Approve to continue offering Vinaconex Lines for sale as follows:
1. Starting selling price:
- In third offering or
following offerings, if there is no client, starting selling price will be
decreased 10% compared to that in the previous course.
- If in course 3 or
following courses, there is client offering lower price than starting selling
price and the offering fails, the offering price of the client will be starting
selling price of the 4th or following offerings. After that if there
is no client offering higher price, the Company would sell Vinaconex Lines to
that client.
2. Offer method:
competitive price at the same time domestically and abroad
3. Offer duration: within
15 days
General Meeting of
Shareholders authorizes BOD to base on result of 3rd offer to
approve sale of Vinaconex Lines in following offerings according to contents
above.
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