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PLP: Board resolution on a public offering of shares

Monday, 18/10/2021
PLP: Board resolution on a public offering of shares

On October 05, 2021, the Board of Directors of Pha Le Plastics Manufacturing and Technology Joint Stock Company approved to implement the plan for issuing shares to the existing shareholders as follows:

-          Estimated issue volume: 20,000,000 shares

-          Total estimated issue value: VND200,000,000,000.

-          Exercise ratio: 2:1 (those who own 01 share will receive 01 right, and with every 02 rights will be entitled to buy 01 new share)

-          Issue price: VND10,000/share

-          Issue date: after the State Securities Commission approves the offering.   

-          Plan for using the proceeds from the offering:

No.

Purpose

Disbursement value

(VND)

Disbursement time

1

To invest in Royal Crystal Joint Stock Company

90,000,000,000

in Quarter IV.2021

2

To invest in Minh Cam Minerals Joint Stock Company

40,000,000,000

in Quarter IV.2021

3

To invest in Tan Viet An Travel & Trading Joint Stock Company

70,000,000,000

in Quarter IV.2021

 

Total

200,000,000,000

 

 

 

Theo HSX


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