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VCG: Board resolution on the investment in Vinaconex 25
HOSE - 2/23/2021 3:10:00 PM
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On February 18, 2021, the Board of Directors of Vietnam Construction and Import-Export Joint Stock Corporation (short name: VINACONEX.,JSC) approved the plan for the public tender offer in Construction Joint Stock Company No. 25 (short name: Vinaconex 25) as follows:

-          Target company: Construction Joint Stock Company No. 25.

-          Stock code: VCC (exchange floor: HNX)

-          Owning volume by VINACONEX in Vinaconex 25: 6,120,000 shares (51% of Vinaconex 25’s current paid-up charter capital)

-          Estimated buying volume: 2,880,000 shares (24% of Vinaconex 25’s charter capital)

-          Total owning volume by VINACONEX after the public tender offer: 9,000,000 shares (75% of Vinaconex 25’s charter capital)

-          Trading time: in Quarter 1 and 2 of 2021, after the State Securities Commission approves the public tender offer.

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