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GEX: Stock issuance to raise its capital from the owner's equity
HSX - 8/5/2019 2:24:00 PM
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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.

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