On September 06, 2021, the Board of Directors of FECON Corporation approved to implement the plan for issuing shares as follows:
- Stock: Stock of FECON Corporation
- Stock type: common stock
- Par value: VND10,000/share
- Issue method: private placement
- Estimated issue volume: 32,000,000 shares
- Total issue value: VND320,000,000,000
- Issue price: VND13,000/share
- Issue time: in 2021, after receiving the approval by the State Securities Commission.
- Purpose of private placement:
- Estimated proceeds from the private placement: VND416,000,000,000.
No.
|
Purpose
|
Estimated amount
|
1
|
To raise the working capital
|
216,000,000,000
|
2
|
To pay debts
|
200,000,000,000
|