TPS: BOD resolution on the private stock issuance The Board resolution dated September 03, 2020, the BOD of Tien Phong Securities Corporation approved the plan to issue shares for capital increase from VND 439.6 billion to VND 1,000 billion with the following details:
- Stock name: Tien Phong Securities Corporation
- Stock code: ORS
- Stock type: common share
- Par value: VND 10,000/share
- Offering volume: 56,040,000 shares
- Total value of the offering (based on par value): VND 560,400,000,000
- Offering method: private placement
- These shares will be restricted in 01 year from the finish date of the offering.
- Purpose of capital use: to supplement working capital for the company’s business activities.
- Time for capital use: after completing the offering (Quarter 4/2020 or Quarter 1/2021). HOSE
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