VNStockNews.com - Ho Chi Minh Stock Exchange (HOSE) has announced having received the application profile of Vien Dong Pharmaceutical Joint Stock Co (Vien Dong Pharma) for listing its 8.91 million shares on the southern bourse.
The company with chartered capital of 89.1 billion dong has its head office located at No 411 Huynh Van Banh St, Ward 11, Phu Nhuan Dist, HCM City.
The consultancy agent for listing shares on stock market was Bao Viet Securities Co.
In 2009, the company aimed to reach total revenue of 720 billion dong and profit after tax of 75 billion dong. Last year, the company reported to gain 645 billion dong and 26 billion dong respectively.
In the company's resolution of the latest shareholders meeting, the company's shareholders have approved issuing shares to increase the chartered capital to 190 billion dong.
In the first phase, the company will issue 3 million shares for strategic shareholders with minimum offered price of 70,000 dong per share in November 2009.
In the second phase in February 2010, the company will issue 6,550,500 shares for existing shareholders with the rate of 100:55 and offered price of 20,000 dong per share and offer 539,500 shares for its staff with price of 10,000 dong per share.
Nov 9, 2009
Vien Dong Pharma applies for listing shares on southern bourse
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