Mangan Mineral Co. plans to increase chartered capital to 30 billion dong

VNStockNews.com - Vietnam Securities Depository Centre (VSD) has announced the deadline for collecting shareholders' opinions for approval of the company's plan to increase chartered capital in 2009 of Mangan Mineral Joint Stock Co (coded MMC).

The company's representative said from October 22 to November 11, MMC would seek shareholders' opinion to increase the chartered capital from 12 billion dong to 30 billion dong under the method of issuing additional 1.8 million ordinary shares for the existing shareholders at the rate of 1:1.

VSD would temporarily halt receiving MMC coded shares on October 9, 12 and 13.

The company's sales revenue in the first six months of 2009 was posted at 9.24 billion dong, profit after tax of 1.292 billion dong, equal to 50 percent of the targeted year plan of 2.6 billion dong