PLP: Notice of stock issuance for capital increase

Pha Le Plastics Manufacturing and Technology Joint Stock Company announced the information on a stock issuance to increase its share capital from the owner’s capital:

1)      Stock name: Stock ofPha Le Plastics Manufacturing and Technology Joint Stock Company

2)      Stock type: common share

3)      Par value: VND10,000/share

4)      Total issued volume: 25,000,000 shares

5)      Outstanding volume: 25,000,000 shares

6)      Treasury volume: 0 share

7)      Expected issue volume: 15,000,000 shares

8)      Total issue value: VND150,000,000,000.

9)      Issue ratio (Expected issue volume/Total volume): 60%

10)  Financial resource: the owner’s capital, investment & development fund and undistributed profit after tax. 

11)  Record date: August 14, 2020

12)  Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled. 

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