DIC Intraco gets approval for issuing shares

25-Feb-2010 Intellasia | CafeF | 6:18 PM Print This Post

The State Securities Commission (SSC) has issued the certificate No 520/UBCK-GCN for DIC Investment and Trading Joint Stock Co (DIC Intraco – coded DIC) for issuing shares to public.

In details, DIC would issue 4.3 million ordinary shares with par value of 10,000 dong per share, in which 3.28 million shares would be offered to existing shareholders with ratio of 10:4 or each shareholder who owns 10 shares will be eligible to purchase 4 new shares. The offered price would be no less than 11,000 dong per share.

The company would issue 200,000 shares for the current staff and 820,000 shares for its strategic partners.

Within the period of 90 days from the issue date on the certificate, DIC Intraco must carry out issuing shares as mentioned in the company’s statement.

Ban Viet Securities Joint Stock Co was the consultancy agent for DIC.

After this issuance period, the company’s chartered capital would be increased from 82 billion dong to 125 billion dong.


Category: Stocks

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