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KSB: BoD approves to issue shares to raise capital On November 25, 2022, the Board of Directors of Binh Duong Mineral and Construction Joint Stock Company approved a plan for issuing shares to raise capital from the owner’s equity:
- Exercise ratio: 50% (Those who own 100 shares will receive 01 right and 02 rights will receive 01 share.)
- Estimated issue volume: 38,147,901 shares
- Issue price: VND16,000/share
- Total issue value: VND610,366,416,000
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be distributed to other investors.
- Time of implementation: 2022 and Quarter 1.2023
- Rights are transferred only once at the price agreed by 2 partners and not done again to the third one.
- Bank account for blocking depository money:
- Account holder: Binh Duong Mineral and Construction Joint Stock Company
- Account number: 65010005064805
- Bank: BIDV – Binh Duong Branch.
HOSE
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