Ut Xi Seafood Processing Joint Stock Co announced it would close the shareholders list on March 15 to offer 2,5 million shares under the consultancy of Thang Long Securities Co.
A sum of 25 billion dong estimated to be raised from the share offering will be invested in fixed assets and supplemented to the working capital.
The offering ratio is 6.8:1, meaning that each shareholder keeping 6.8 shares will have the right to buy one new share at 10,000 dong/share. The warrant is transferable once.
The time for registering to transfer the purchase warrant is between March 19 and 29, 2010. Investors can register and pay money for purchase is from March 20 to 31, 2010.
The company with a charter capital of 170 billion dong is headquartered at Provincial Road 8, Tai Van Commune, My Xuyen Dist, Soc Trang province.
Last year Ut Zi earned 1.287 trillion dong in net revenue and 23.44 billion dong in after-tax profit and EPS of 1,379 dong.
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