Lilama 69-3 Joint Stock Co recently announced offering five million shares to the public to mobilise capital for its projects and support working capital for its business and production activities.
Under it, the company would issue three million shares to its shareholders. A shareholder holding one share will be allowed to buy one new share priced at 10,000 dong per share. A shareholder holding three shares will be allowed to buy 1.7 new shares priced at 15,000 dong per share with the total offered share volume of 1.7 million shares and 300,000 remaining shares will be sold to the strategic shareholders price at 15,000 dong per share.
This year, Lilama 69-3 with a chartered capital of 30 billon dong will target to bring 400 billion dong in revenue and 12.3 billion dong in pre tax profit.
Last year, the figures were at 296 billion dong and 6.5 billion dong, respectively with a 15% dividend.