Electronics Communication Technology Investment Development Joint Stock Co (Elcom) announced Sep 10 would be the registration deadline to close the shareholders list for offering 7.175 million shares.
In details, the company would offer 6,637,500 shares for existing shareholders at ratio of 10:3 and 537,500 shares for current employees at price of 10,000 dong per share.
The shareholders and workers can register and make deposit for buying shares from Sep 20 to October 20. Saigon Securities Inc.
was the consultancy agent for Elcom's share-issuance.
In the annual shareholders meeting, the company's shareholders have already approved for issuing 14 million shares to increase chartered capital from 177 billion dong to 325 billion dong.
Therefore, apart from issuing these fore-mentioned shares, the company will continue offer additional shares for strategic shareholders within 2010.
In 2010. the company targeted to obtain total revenue of 1.15 trillion dong, after tax profit of 159 billion dong and allocate 2010 dividend at 30 percent at minimum.
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