QCG converts 58,500 bonds into shares

Quoc Cuong Gia Lai Joint Stock Co (coded QCG) has recently announced the bond conversion results into share.

Accordingly, on December 9, QCG issued 195,000 convertible bonds with 2-year tenor at the face value of one million dong per bond, earning 195 billion dong.

On May 30, QCG converted 58,500 bonds, equalling 30 percent of the total volume of issued bond, into shares at the conversion price of 10.524 dong/share. Thus, QCG has converted 5.558 million shares.

Currently, QCG has 121.518 million shares being listed on the stock market, if including this new volume of shares, QCG will have total 127.076 million listed shares.

 

Category: Stocks