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CRE: BOD approves to plan the stock issuance to raise its charter capital On May 10, 2019, the Board of Directors of Century Land Joint Stock Company approved to plan the stock issuance to raise its charter capital as follows:
- Stock name: Century Land Joint Stock Company
- Stock code: CRE
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares expected to be issued: 79,999,892 shares
- Total value (based on par value): VND799,998,920,000
- Issue price: VND10,000
- Charter capital after the offering: VND1,599,998,920,000
- Time of implementation: 90 days from the approval date by the State Securities Commission of Vietnam (SSC).
- Exercise ratio: 1:1
- The rights should be transferred only once.
- How to deal with fractional shares: The number of newly issued shares bought by each existing shareholder will be rounded down. The fractional shares and the shares refused to buy (if any) will be decided by the Board of Directors.
HOSE
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