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Jun 1, 2010

Son Ha International Co, gets approval to issue 10m shares

VNStockNews.com - The southern bourse-listed Son Ha International Joint Stock Co (coded SHI) has lately received approval from the State Securities Commission (SSC) for offering 10 million shares to public in June 2010 in order to increase chartered capital from 150 billion dong to 250 billion dong.


Thang Long Securities Joint Stock Co (TLS) was the main consulting agent for this share-issuing period.

In details, the company planned to offer three million shares for existing shareholders, to auction four million shares and issue the rest of three million shares for strategic investors.

After the first quarter of this year, SHI reported to gain 268.42 billion dong of revenue and 24.95 billion dong of after tax profit, a sharp increase in comparison with the same period of 2009.

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