The Board resolution dated April 06, 2022, the BOD of Foreign Trade Development and Investment Corporation of Ho Chi Minh City approved the following issues:
- Approved the stock offering plan:
- Stock name: Foreign Trade Development and Investment Corporation of Ho Chi Minh City
- Stock type: common share
- Par value: VND10,000/share
- Offering volume: 77,246,976 shares
- Offering price: 10,500 dongs/share
- Estimated offering time: 2022, after being approved by the State Securities Commission of Vietnam (SSC).
- Total value of issue (at par value): VND772,469,760,000
- Estimated mobilized capital amount: VND811,093,248,000
- Subscription time (estimated): Quarter II/2022 or Quarter III/2022
- Exercise ratio: 1:2
- Plan to deal with unsold shares: The unsold shares will be decided by the Board of Directors to distribute to other investors with the selling price is not less than the offering price. These shares will be restricted in 01 year from the ending date of the offering.
- Approved the proceeds from the offering will be used the following purposes:
|
No.
|
Content
|
Amount (estimated)
|
Disbursement time
|
|
1
|
To buy shares of Canh Vien and Son My project
|
121,816,305,000
|
2022
|
|
2
|
To invest in the Son My project
|
689,276,943,000
|
2022
|
|
|
Total
|
811,093,248,000
|
|
- Approved Tien Phong Securities Corporation (TPS) as the consulting company and underwriter in the share public offering.