On January 21, 2022, the BoD of Century Synthetic Fiber Corporation issued resolutions with main contents as follows:
1) To approve the plan for offering shares to existing shareholders:
- Estimated offering volume: 13,637,058 shares
- Total offering value: VND136,370,580,000
- Exercise ratio: 20%
- Offering price: VND10,000/share
- Purpose: to invest in subsidiaries.
- Issue time: after the State Securities Commission approves the offering.
2) To approve the implementation of offering shares to existing shareholders.
3) To approve to submit the offering documents to the State Securities Commission.