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SSB: Board resolution on offering 136,000,000 shares
HOSE - 9/1/2021 5:48:00 PM
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On August 30, 2021, the Board of Directors of Southeast Asia Commercial Joint Stock Bank approved to implement the plan for offering 136,000,000 shares to the existing shareholders:

1)      Approving the offering price to the existing shareholders

-          Offering price: VND15,000/share

2)      Approving to implement 136,000,000 shares to the existing shareholders:

-          Stock: Stock of Southeast Asia Commercial Joint Stock Bank

-          Charter capital before the public offering: VND13,424,883,690,000

-          Outstanding volume: 1,342,488,369 shares

-          Stock type: common stock

-          Estimated offering volume: 136,000,000 shares

-          Estimated offering value (at par value): VND1,360,000,000,000.

-          Estimated increased capital: VND1,360,000,000,000.

-          Issue ratio: 10.1304%/Outstanding volume

-          Offering price: VND15,000/share

-          Exercise ratio: 100: 10.1304

-          Plan for the proceeds:

ü  To lend institutional and individual clients: VND1,540,000,000,000;

ü  To invest in bonds of credit institutions and Government bonds: VND500,000,000,000;

ü  Total: VND2,040,000,000,000.

-          Offering time: Quarter III and/or Quarter IV of 2021.

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