Hanaka to sell 50m shares to existing shareholders

17-Jan-2008 Intellasia | Vietstock | 5:15 AM

State Securities Commission on January 8 approved Bac Ninh province’s Hanaka Group Joint Stock Co with a chartered capital of 500 billion dong to sell 50 million shares at 10,000 dong par to the existing shareholders.

The share buying right is one new share for one share held.

The share sale aims to set up Hanaka Securities Co, invest in Vinacans Hanoi Metallic Package Joint Stock Co, Vinacans Saigon Metallic Package Joint Stock Co, Hana Luhuan Rubber Joint Stock Co, Anh Binh Minh Joint Stock Co, Hatachi Joint Stock Co, 220kV Saigon Transformer Project and 110kV Hanoi Transformer Project.

The deadline to close the list of shareholders book to buy new shares is 4pm January 28, 2008.

The time for shareholders to register and pay for new shares is from January 29 to 4pm February 29, 2008.