TCM: Stock issuance to raise capital from the owner's equity On May 27, 2022, Thanh Cong Textile Garment Investment Trading Joint Stock Company announces the stock issuance to raise capital from the owner's equity with details as follows:
- Stock name: Thanh Cong Textile Garment Investment Trading Joint Stock Company
- Stock type: common share
- Par value: 10,000 dongs
- Number of shares issued: 71,360,808 shares
- Number of outstanding shares: 71,260,358 shares
- Number of treasury shares: 100,450 shares
- Number of shares expected to be issued: 10,689,053 shares
- Total value (based on par value): 106,890,530,000 dongs
- Exercise ratio: 100:15 (Shareholder who owns 100 shares will receive 15 new shares).
- Plan to deal with fractional shares: The distributed shares will be rounded down to units, the fractional shares will be cancelled.
- Record date: June 08, 2022.
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