Tuesday, 16/11/2021 20:53

FMC: Resolution of General Meeting of Shareholders

 On November 11, 2021, Sao Ta Foods Joint Stock Company announces the Resolution of General Meeting of Shareholders with the following contents:

1)      Approving the private placement plan in 2021:

-          Stock name: Sao Ta Foods Joint Stock Company

-          Stock code: FMC

-          Stock type: common share

-          Par value: VND10,000/share

-          Charter capital before the issuance: VND588,500,000,000

-          Number of outstanding shares: 58,850,000 shares

-          Offering volume: 6,538,889 shares

-          Total value (at par value): VND65,388,890,000

-          Charter capital after the issuance: VND653,888,890,000

-          Number of outstanding shares after the issuance: VND65,388,889 shares

-          Offering form: private placement

-          Offering price: VND50,000/share

-          Investor quantity: 01 (strategic investor: CP Vietnam Corporation)

-          Stock volume before the offering: 9,742,944 shares

-          Distributed volume (estimated): 6,538,889 shares

-          Stock volume after the offering (estimated): 16,281,833 shares

-          Time of implementation: expected in 2022, after being approved by the State Securities Commission of Vietnam (SSC)

2)      Approving the adjustment of some of business lines.

HOSE

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