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LGL: Board approves to invest more in Viet Hung
HSX - 9/25/2019 2:20:00 PM
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On September 20, 2019, the Board of Directors of Long Giang Investment and Urban Development JSC approved the policy on increasing the ownership ratio at Viet Hung Garment and Embroidery Real Estate Investment JSC from 51% to 65% charter capital. Of which, the current charter capital of Viet Hung Garment and Embroidery Real Estate Investment JSC is VND20,000,000,000.

Long Giang Investment and Urban Development JSC will purchase more shares as follows:

-       Current owning volume: 1,020,000 shares (51% of Viet Hung Garment and Embroidery Real Estate Investment JSC)

-       Estimated buying volume: 280,000 shares

-       Estimated owning volume after trading: 1,300,000 shares (65% of Viet Hung Garment and Embroidery Real Estate Investment JSC)

-       Estimated buying price: no more than VND31,500/share

-       Trading time: by October 30, 2019.  

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