EMC: BoD approves to issue shares to raise capital

On November 22, 2022, the Board of Directors of Thu Duc Electro Mechanical Joint Stock Company approved a plan for issuing shares to raise capital from the owner’s equity:

-          Exercise ratio: 100:66% (Those who own 100 shares will receive 66 new shares.)

-          Estimated issue volume: 10,096,239 shares

-          Total issue value: VND100,962,390,000

-          Issue price: VND10,000/share

-          Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.

-          Time of implementation: expected in 2022.

HOSE

>   KHG: Resolution on approval of the charter capital increase (24/11/2022)

>   AAA: Report on using capital from the offering (23/11/2022)

>   HUB: SSC received the materials of report on stock issuance (23/11/2022)

>   PAC: Report on results of trading of Shares of affiliated organization - DT SG3 Capital (23/11/2022)

>   PAC: Report on the day nolonger being major shareholders - SG3 Capital (23/11/2022)

>   CMG: Report on results of trading of shares by an internal shareholder - Ho Thanh Tung (ESOP) (23/11/2022)

>   CMG: Report on results of trading of shares by an internal shareholder - Ngo Trong Hieu (ESOP) (23/11/2022)

>   TLH: BoD approves to issue shares to dividend payment (23/11/2022)

>   VIB: Increasing capital in subsidiary (23/11/2022)

>   CII: Withdrawal of capital from VPII (23/11/2022)