Tuesday, 24/04/2018 13:44

SAV: Stock issuance to raise capital

On April 23, 2018, Savimex Corporation announces the stock issuance to raise capital from the owner’s equity as follows:

-          Stock name: Savimex Corporation

-          Stock code: SAV

-          Charter capital:  VND126,666,110,000

-          Stock type: common share

-          Par value: 10,000 dongs

-          Number of share issued: 12,666,611 shares

-          Number of outstanding shares: 12,270,841 shares

-          Number of treasury shares: 395,770 shares

-          Number of shares expected to be issued: 613,542 shares

-          Total value (based on par value): 6,135,420,000 dongs

-          Issuing ratio: 5% (Shareholder who owns 100 shares will receive 05 new share.)

-          Record date: May 07, 2018

-          Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.

HOSE

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