VIS seeks for shareholders' opinion for issuing 15m shares

VNStockNews.com - Vietnam-Italia Steel Joint Stock Co (coded VIS) has announced that November 10 would be the ex-interest session for the company's shareholders to participate in contributing opinions about issuing additional 15 million shares to increase chartered capital to 300 billion dong.

The purchasers who make transactions during that day will not be eligible for voting in documents. In case the amount of share volume traded is over 100,000 shares on November 10 & 11, the sellers will not be eligible for having the voting warrants.
November 12 would be the registration deadline for the share holders to participate in voting in documents. The company will carry out seeking shareholders' opinions from November 24-25.

It's said that previously, VIS's management board had approved issuing additional 15 million shares in order to increase the company's registered capital to 300 billion dong. In details, the company will allocate 7.5 million shares for existing shareholders with the rate of 2:1 and the rest 7.5 million shares will be offered with share price of 10,000 dong.

Vietnam Securities Depository Centre (VSD)— HCM City branch will temporarily cease to receiving VIS deposited shares on November 11, 12 and 13.