LGL: LGL announces stock issuance

Long Giang Investment and Urban Development Joint Stock Company announces its stock issuance as follows:

 -          Total number of shares offered: 14,597,462 shares; in which:

+ Offering for existing shareholders (ratio: 2:1): 9,998,187 shares

+ Stock issuance to raise capital from the owner’s equity for existing shareholders (ratio 5:1): 3,999,275 shares

+ Issuance of bonus shares ESOP (ratio 3%): 600,000 shares

HOSE

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