TMC seeks shareholders’ approval on issuing additional 4m shares

Thu Duc Import Export Trading Joint Stock Co (coded TMC) announced that Sep 16 would be the deadline to close the list of shareholders for collecting shareholders’ opinion in document.

The company plans to issue additional 4 million shares, including:
* Allocating two million bonus shares to the existing shareholders at the ratio of 2:1 or every shareowner who holds two shares will receive one new share.

* Offering two million shares to existing shareholders under the rate of buying warrant of 2:1 or one buying warrant for one old share; and each shareholder with two buying warrants is eligible for buying one new share.

The newly issued shares will be listed on Hanoi Stock Exchange. At present, TMC’s chartered capital is posted at 40 billion dong.
Up to the end of July, Thu Duc Import Export Trading JSC reported to gain 631.5 billion dong in revenue and 13.68 billion dong of profit after tax.

In 2009, the company aims to achieve 1.1 trillion dong of revenue and 18 billion dong of profit after tax.

 

Category: Stocks