The Board resolution dated June 16, 2023, the BOD of Thu Dau Mot Water Joint Stock Company approved the following contents:
- Approve the implementation of the plan for share public offering:
- Offering volume: 10,000,000 shares
- Stock type: common share
- Par value: 10,000 dongs/share
- Exercise ratio: 10:1 (Those who own 01 share will receive 01 right, and with every 10 rights will be entitled to purchase 01 new share)
- Offering price: 30,000 dongs/share
- Plan for using capital: the estimated proceeds from the issuance of VND300,000,000,000 will be used the following purposes:
|
No.
|
Content
|
Amount (VND)
|
Estimated time
|
|
1
|
To buy shares of Can Tho Water Supply - Sewerage Joint Stock Company
|
143,000,000,000
|
2023
|
|
2
|
To buy shares of Ca Mau Water Supply Joint Stock Company
|
54,192,710,000
|
2023
|
|
3
|
To buy shares of Gia Tan Water Supply Joint Stock Company
|
35,000,000,000
|
2023
|
|
4
|
To repay the loan to Binh Duong Development Investment Fund
|
64,500,000,000
|
2023 & 2024
|
|
5
|
To repay the loan to Shinhan Bank Vietnam
|
3,300,000,000
|
2023
|
|
|
Total
|
299,992,710,000
|
|
- Plan to handle the fractional shares and unsold shares: the fractional shares and unsold shares (if any) will be decided by the Board of Directors to distribute to other investors with the selling price not lower than the initial offering price. These shares will be restricted in 01 year from the ending of the offering.
- Time of implementation: expected in 2023.
- Approve the dossier of registration for share public offering.