VNStockNews.com - The State Securities Commission (SSC) has recently granted licence for Western Commercial Joint Stock Bank (Western Bank) to offer 100 million common shares worth one trillion dong to the public with the share code of WEB.
Particularly, Western Bank will allocate 69.4 million shares to the existing shareholders, 600,000 shares for the bank's employees, and 30 million shares for strategic investors.
The registration deadline to close the list of shareholders for allocating the buying warrants is on December 10.
Reportedly, WEB now has a chartered capital of two trillion dong. Through the share issuance, the bank's chartered capital will finalise increasing chartered capital to three trillion dong in accordance with the central bank's regulation.
