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BCM: Increasing capital in BWID The Board resolution dated September 30, 2021, the Board of Directors of Investment and Industrial Development Joint Stock Corporation approved the following issues:
- Approing to contribute capital to raise charter capital to BW Industrial Development Joint Stock Company (BWID) from VND8,678,318,120,000 (equivalent to 376,618,184 USD) to VND13,774,784,550,000 (equivalent to 600,049,417 USD) . Capital contribution is divided 02 phases:
Phase 1: capital contribution according to shareholder agreement:
- Amount: VND844,639,930,000 (equivalent to 37,029,370 USD)
- Contribution form: in cash
- Time for capital contribution: no later than December 31, 2021.
Phase 2: to buy the additional share issuances according to the stock issuance plan to existing shareholders
- Buying volume: 68,430,000 shares
- Par value: VND10,000/share
- Offering price: VND10,000/share
- Total value: VND684,300,000,000
- Time for subscription: no later than November 30, 2021.
- Payment method: in cash
- Payment time: no later than June 30, 2022.
After BCM increases charter capital in BWID, BCM will own charter capital to VND13,774,784,550,000 (equivalent to 600,049,417 USD), accounting for 30% charter capital of BWID. HOSE
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