APSC: BOD resolution on issuing shares to raise capital The Board resolution dated June 10, 2020, the BOD of Alpha Securities Joint Stock Company approved the stock issuance for capital increase with the following details:
- Stock name: Alpha Securities Joint Stock Company
- Issuer: Alpha Securities Joint Stock Company
- Issuance object: existing shareholders
- Exercise ratio: 1:2 (shareholder who owns 01 share will be entitled to purchase 02 new shares).
- Stock type: common share
- Par value: VND 10,000/share
- Number of shares expected to be issued: 11,723,880 shares
- Total value of issuance (based on par value): VND 117,238,800,000
- Current charter capital: VND 58,619,400,000
- Charter capital after the issuance: VND 175,858,200,000
- Offering price: VND 10,000/share
- Issuance period: Q2.2020 or Q3.2020
- Plan for use of the proceeds: the proceeds from the issuance of VND 117,238,800,000 (estimated) will be supplemented into funds for the company’s business operation.
- The rights should be transferred only once.
- The new shares are freely transferable.
- Time for record date to implement rights: after being approved by the State Securities Commission of Vietnam.
- Bank for blocking depository money: 28888228888 at Asia Commercial Joint Stock Bank (ACB). HOSE
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