Thursday, 12/12/2013 17:24

VNS: Vinasun successfully issues 3 million shares

Vietnam Sun Corporation (Vinasun Corp.) disclosed that it finished issuing 3 million shares to Teal Two Partners Ltd. at VND45,000/share on December 06, 2013.

-         On December 09, 2013, Vinasun received the approval from the Department of Planning and Investment of Hochiminh City for the increase in charter capital from VND404,998,180,000 to VND434,998,180,000.

-         Here is the result of Vinasun’s private placement:

1.       Stock of the private placement:

-         Stock: Stock of Vietnam Sun Corporation (Vinasun Corp.)

-         Stock type: common stock

-         Par value: VND10,000

-         Number of shares offered: 3,000,000 shares

-         Estimated mobilized capital: VND132,000,000,000.

-         Beginning date: October 28, 2013

-         Ending date: December 06, 2013

2.   Result of the private placement:

-         Number of shares distributed: 3,000,000 shares (100% of issued shares)

-         Selling price: VND45,000/share

-         Total proceeds from the private placement: VND135,000,000,000.

-         Total expenses: VND 0

-         Total net proceeds from the private placement: VND135,000,000,000.

3.   List of investors in the private placement:

No.

Investor

Number of owned shares before the private placement

Number of distributed shares

Number of owned shares after the private placement

Ownership ratio after the private placement

1

TAEL Two Partners Ltd.

0

3,000,000

3,000,000

6.9%

HOSE

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