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Vikoda offers shares up to increase charter capital

Mar 1st at 11:13
01-03-2016 11:13:10+07:00

Vikoda offers shares up to increase charter capital

Khanh Hoa Beverage JSC or Vikoda (VKD) offered another 9.84 million shares to its existing shareholders at the price of VND10,000 each.

 

The shares were to help VKD raise its charter capital to VND120 billion (US$5.3 million), 5.6 times more than the current charter capital of the company.

In the meantime, 2.16 million shares of VKD were listed in the UPCoM market. Reportedly, shares of VKD had been listed at VND5,400 each from August 9, 2015, when they was rated at more than 6.5 times their price.

Yesterday, the shares closed at VND35,000 each.

Vikoda produces beverage brands such as Danh Thanh mineral water, Sumo, and Isport.

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