On November 22, 2019, the Board of Directors of Tan Cang Logistics and Stevedoring Joint Stock Company approved a plan for issuing shares to raise capital from the owner’s equity:
- Total issued volume: 20,943,893 shares
- Outstanding volume: 20,943,893 shares
- Treasury volume: 0 share
- Exercise ratio:100:44 (Those who own 01 shares will receive 01 right and 100 rights will receive 44 new shares.)
- Estimated issue volume: 9,215,312 shares
- Total issue value: VND92,153,120,000.
- Financial resource: from the owner’s equity (Capital surplus)
- 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 4.2019.