Tan Ky realty firm seeks shareholders’ approval to issue bonus shares

Hanoi Stock Exchange (HNX) has recently announced that January 28 would be the registration deadline for Tan Ky Real Estate Trade and Construction Joint Stock Co (coded TKC) to seek shareholders’ approval for issuing bonus shares and hiking chartered capital from 60.5 billion dong to 80-90 billion dong.

Accordingly the ex-interest date is January 26.

The time to seek shareholders’ approval is from February 9 to 12.
According to Tran Van Sy, TKC’s chair of board of directors, the share issuance aims to meet capital demand for carrying out The Splendor 2 apartment project in HCM City’s Thu Duc Dist invested by TKC.

The work on the 180 billion dong project will start in Q2.
Reportedly, from December 22, 2009 to January 11, 2010 TKC registered to buy 500,000 fund shares. But, the company finished buying only 100,000 fund shares due to the market price exceeding the comparative price 5 percent.

Closing the trading session on January 19, TKC-coded shares bounced 200 dong to 25,300 dong per share.

 

Category: Stocks