Vinacomin Ha Lam Coal to raise charter capital
Vinacomin Ha Lam Coal to raise charter capital
Vinacomin Ha Lam Coal Co (HLC) will raise its charter capital to VND300 billion (US$14.4 million) by the end of this year as part of a strategy approved at its recent shareholders' meeting.
The company will issue an additional 16 million shares to existing shareholders at the ratio of 1:1.34 (meaning one share holding can buy 1.34 shares) at a price of VND10,000 a share. It will also issue another 2 million bonus shares to shareholders at the ratio of 6:1 (six shares can obtain one bonus share).
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