VNStockNews.com - The leaders of Song Da Investment and Development Joint Stock Co (coded SIC) announced to complete the procedures for listing additional 3 million shares on northern bourse in the near future.
In details, previously, in October the company already issued additional 3 million shares at offered price of 10,000 dong per share for existing shareholders with applied ratio of 5:3 in order to increase chartered capital from 50 billion dong to 80 billion dong. The purpose of this share issuance was to raise capital for carrying out Dong Da Riverside - Hiep Binh Phuoc project in Thu Duc Dist, HCM City and another urban area in Nhon Trach Dist, Dong Nai province.
At present, the company was carrying out construction on foundation parts of Song Da Riverside project. SIC planned to start selling apartments in this project by the end of this year.
