Sao Bac Dau Group cancels share issuance plan
Sao Bac Dau (the Great Bear) Technology Joint Stock Co (Sao Bac Dau Group) on March 9 announced that it would rescind two plans of issuing more shares to hike chartered capital which were approved by the company’s shareholders’ meeting in 2008.
The first plan is to issue 1,252,126 shares priced at 12,000 dong per share to the existing shareholders.
The second one is to offer 150,000 shares priced at 12,000 dong per share to the company’s employees.
Sao Bac Dau Group specialises in technology and telecommunication sectors.
Category: Stocks

