On November 22, 2022, the Board of Directors of Thu Duc Electro Mechanical Joint Stock Company approved a plan for issuing shares to raise capital from the owner’s equity:
- Exercise ratio: 100:66% (Those who own 100 shares will receive 66 new shares.)
- Estimated issue volume: 10,096,239 shares
- Total issue value: VND100,962,390,000
- Issue price: VND10,000/share
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.
- Time of implementation: expected in 2022.