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MIG: BOD resolution dated November 25, 2022 The Board resolution dated November 25, 2022, the Board of Directors of Military Insurance Corporation approved the following contents:
- Approved the adjustment of some of contents in the plan for shares issuance to increase its charter capital:
a. Plan for stock issuance to existing shareholders:
- Time of implementation: expected in 2023, after being approved by the State Securities Commission of Vietnam (SSC).
b. Plan for stock issuance under ESOP:
- Time of implementation: expected in 2023, after being approved by the State Securities Commission of Vietnam (SSC).
- Approved the adjustment of the plan of using capital from the stock issuance to existing shareholders and stock issuance under ESOP
Total proceeds from the issuance of VND286,000,000,000 (estimated) will be used to supplement the business and investment capital.
- Approved the dossier of registration for the share public offering in 2022.
HOSE
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