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Jun 1, 2010

Real estate trader registers to sell 3.72m buying warrants

VNStockNews.com - The Trading and Investment of Real Estate Joint Stock Co (Intresco – coded ITC) lately announced about trading buying warrants for newly issued shares of the state shareholders.


In details, Saigon Real Estate Corp, representing for the state-owned shareholders registered to sell 3,719,531 buying warrants, equal to the same amount of additional new shares.

If the transactions are successful, the total ITC-coded share volume that Saigon Real Estate Co holds will remain unchanged at 3,719,531 shares, exclusive 3,719,531 bonus shares.

The transactions will be conducted via put-through method from June 3 to 9in order to raise working capital source for the company.

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