The State Securities Commission (SSC) on July 18 granted a certificate No 312/UBCK-GCN for the Nha Rong Insurance Joint Stock Co to sell shares to the public.
Under it, the HCM City-located company with a chartered capital of 160 billion dong was allowed to offer 34.72 million ordinary shares at 10,000 dong par worth 347.2 billion dong in the total to the existing shareholders, employees and strategic shareholders.
Within 90 days from receiving the license, the company has to carry out the share issue under the SSC's regulations.
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