CNG: BoD approves to issue shares to raise capital

On May 15, 2023, the Board of Directors of CNG Viet Nam Joint Stock Company approved a plan for issuing shares to raise capital from the owner’s equity:

-          Exercise ratio: 100:30

-          Estimated issue volume: 8,099,901 shares

-          Total issue value: VND80,999,010,000.

-          Financial resource: investment & development fund

-          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 Quarter II.2023.

HOSE

>   FIR: BOD resolution on planning to issue shares for dividend payment (17/05/2023)

>   HHS: Plan for stock issuance to pay dividend in 2022 (17/05/2023)

>   GDT: Result of the decrease in charter capital (17/05/2023)

>   HDG: Plan for stock issuance to pay dividend in 2022 (17/05/2023)

>   BCG: Change of representative to manage contributed capital at B.O.T 830 (17/05/2023)

>   VSC: Plan to mobilize capital to receive the transfer of shares (17/05/2023)

>   TPB: Plan for increasing charter capital (17/05/2023)

>   C47: SSC received the documents of share issuance (16/05/2023)

>   TCD: Notice of stock issuance for the dividend payment (15/05/2023)

>   VIB: Increasing charter capital (12/05/2023)