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VCI: BOD resolution on stock issuance to raise capital On June 12, 2018, the Board of Directors of Viet Capital Securities Joint Stock Company approved to plan the stock issuance to raise capital from the owner’s equity as follows:
1) Approving to plan the stock issuance to raise capital from the owner’s equity:
- Stock name: Viet Capital Securities Joint Stock Company
- Stock code: VCI
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares expected to be issued: 42,000,000 shares
- Total value (based on par value): 420,000,000,000 dongs
- Issuing ratio: 10:3.5 (Shareholder who owns 10 shares will receive 3.5 new shares).
- Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.
- Time of implementation: Q2.2018 or Q3.2018.
- Approving to raise its charter capital from VND1,200,000,000,000 to VND1,620,000,000,000 (equivalent to 162,000,000 shares). HOSE
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