Friday, 02/04/2021 16:37

NAF: Divestment at associated companies

The Board resolution dated March 31, 2021, the BOD of Nafoods Group Joint Stock Company approved the following contents:

1)      Approving to withdraw capital in Que Phong Pharmaceutical Materials Joint Stock Company:

-          Owning volume: 1,200,000 shares, equivalent to 30% charter capital of Que Phong Pharmaceutical Materials Joint Stock Company

-          Selling price: VND 9,835/share

-          Total proceeds after the divestment (estimated): VND 11,802,000,000.

2)      Approving to withdraw capital in La Giang Agriculture Joint Stock Company:

-          Owning volume: 1,200,000 shares, equivalent to 30% charter capital of La Giang Agriculture Joint Stock Company

-          Selling price: VND 9,971/share

-          Total proceeds after the divestment (estimated): VND 11,965,200,000.

3)      Approving to withdraw capital in Tan Thang Breeding Joint Stock Company:

-          Owning volume: 100,000 shares, equivalent to 5% charter capital of Tan Thang Breeding Joint Stock Company

-          Selling price: VND 5,241/share

-          Total proceeds after the divestment (estimated): VND 524,100,000.

HOSE

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