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CNG: BoD approves to issue shares to raise capital
HOSE - 5/18/2023 4:43:00 PM
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On May 15, 2023, the Board of Directors of CNG Viet Nam Joint Stock Company approved a plan for issuing shares to raise capital from the owner’s equity:

-          Exercise ratio: 100:30

-          Estimated issue volume: 8,099,901 shares

-          Total issue value: VND80,999,010,000.

-          Financial resource: investment & development fund

-          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 Quarter II.2023.

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