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VGC: BOD resolution on transferring shares in Ba Hien JSC The Board resolution dated June 02, 2020, the BOD of Viglacera Corporation - JSC (VGC) approved to transfer 100% capital in Ba Hien Joint Stock Company. Details are as follows:
- Stock name: Ba Hien Joint Stock Company
- Par value: VND 10,000/share
- Number of shares that VGC owned: 511,711 shares, accounting for 52.64% contributed capital in Ba Hien Joint Stock Company
- Offering volume: 511,711 shares
- Total value (based on par value): VND 5,117,110,000
- Value of contributed capital according to the valuation at 12/31/2019 by CPA Vietnam Auditing Com Ltd: VND 3,581,977,000 (equivalent to VND 7,000/share)
- Number of shares to own after the transfer: 0 share, accounting for 0% charter capital of Ba Hien Joint Stock Company.
- Offering method: publicity auction
- Beginning price: VND 10,000/share (this price is higher than the book entry and the valuation value by CPA Vietnam Auditing Com Ltd.
- Time of implementation: before July 15, 2020
(*) In case, before the date of information disclosure, the reference price of BHV stock averages 30 consecutive trading days in the stock market that is higher than the beginning price (VND 10,000/share). The BOD will approve the beginning price again HOSE
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