HAR: To issue new shares to the existing shareholders The Board of Directors of An Duong Thao Dien Real estate Trading Investment Joint Stock Company approved a stock issue plan, according to the board resolution dated March 25, 2014, as follows:
- Stock: Stock of An Duong Thao Dien Real estate Trading Investment Joint Stock Company
- Stock type: common stock
- Par value: VND10,000/share
- Issue method: to issue shares to public
- Number of shares registered to be issued: 18,199,938 shares
- Charter capital before the issue: VND363,998,750,000
- Charter capital after the issue: VND545,998,130,000
- Object of the issue: existing shareholders
- Exercise ratio: 2:1 (each shareholder owning 01 share will receive 01 right, 02 rights will buy 01 new share)
- Issue price: VND10,000/share
- The number offered to each shareholder will be rounded down. The fractional parts and undistributed shares will be offered to other investors by the Board of Directors, at a price not less than VND10,000/share.
- Time of implementation: in 2014
- Consulting organization: Saigon Hanoi Securities Joint Stock Company
- The company will implement procedure to list additional shares on Hochiminh Stock Exchange after finishing the issue.
- The proceeds of VND181,999,380,000 will be used to fund is Midpoint Court (51 Units), Vpbank structure debt, the Glendwood Residence projects and its working capital. HOSE
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