VIC: Shareholders’ Written Approval VINGROUP Joint Stock Company announced the resolution of the Shareholders’ Written Approval as follows:
Approving a plan for issuing shares to raise capital:
- Exercise ratio: 1,000:225% (Those who own 1,000 shares will receive 225 new shares.)
- Estimated issue volume: 484,477,828 shares
- Total issue value: VND4,844,778,280,000.
- Financial resource: from the owner’s equity (Capital surplus)
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.
- Time of implementation: Quarter 4.2016 HOSE
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