WSS gets approval for issuing 19.8m shares

The State Securities Commission (SSC) has granted share-issuing certificate for Wall Street Securities Joint Stock Co (coded WSS) for offering 19.8 million shares to public.

Accordingly, WSS will issue 16.8 million shares at the rate of 1:1 and initial price of 10,000 dong per share for the existing shareholders; the other 2.2 million shares for the company’s management board, supervision board, and large shareholders with offered price of 10,000 dong per share and the rest 0.8 million shares for the company’s staff at 10,000 dong per share.

In case if shares left unsold, the company’s management board will distribute to other investors with the offered price no less than that the price mentioned above.

The deadline to close the list of shareholders was October 22.

 

Category: Stocks