South Logistics Joint Stock Company approved a plan for issuing shares to raise capital from the owner’s equity:
- Exercise ratio: 15% (Those who own 100 shares will receive 15 new shares.)
- Estimated issue volume: 12,815,681 shares
- Total issue value: VND128,156,810,000
- Financial resource: Undistributed profit after tax
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.
- Time of implementation: Quarter 4.2018