On May 15, 2023, the Board of Directors of CNG Viet Nam Joint Stock Company approved a plan for issuing shares to raise capital from the owner’s equity:
- Exercise ratio: 100:30
- Estimated issue volume: 8,099,901 shares
- Total issue value: VND80,999,010,000.
- Financial resource: investment & development fund
- Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.
- Time of implementation: expected in Quarter II.2023.