TEG: BOD resolution on the purchase of additional shares On October 25, 2018, the Board of Directors of Truong Thanh Real Estate and Construction Joint Stock Company approved the additional purchase of 2,500,000 shares (the purchase price of VND15,800/share) of Truong Thanh Quy Nhon Investment Joint Stock Company, with the transfer value of VND25,000,000,000.
After the transfer completes, Truong Thanh Real Estate and Construction Joint Stock Company will own 5,000,000 shares in Truong Thanh Quy Nhon Investment Joint Stock Company, equivalent to VND50,000,000,000, accounting for 50% charter capital of Truong Thanh Quy Nhon Investment Joint Stock Company.
Purchase time: expected in Q4.2018.
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