VNStockNews.com - Vincom Joint Stock Co (coded VIC) has passed the proposal of issuing additional 93 million shares at maximum with total share value of $8.788 trillion dong or $450.7 million.
In details, the company planned to issue those shares for the foreign investors outside the US. The purchasers will be registered organisations in the US and other individual investors in Singapore in Q1 of 2010. These shareholders will hold 20.2 percent of the company's total shares at maximum.
The company will offer and list the newly issued shares on Singapore Stock Exchange. After the share issuance, the company's chartered capital may be increased to 930 billion dong.