On August 02, 2019, Viet Nam Electrical Equipment Joint Stock Corporation announces the information on stock issuance for capital increase from the owner’s equity as follows:
- Stock name: Viet Nam Electrical Equipment Joint Stock Corporation
- Stock type: common share
- Par value: VND10,000/share
- Number of shares issued: 424,560,000 shares
- Number of outstanding shares: 424,560,000 shares
- Number of treasury shares: 0 share
- Number of shares expected to be issued: 63,684,000 shares
- Total value (based on par value): VND636,840,000,000
- Issue ratio: 15%
- Record date: August 19, 2019
- Time of implementation: expected in July 2019 or August 2019
- Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be sold the price of VND10,000/share.