IMP: Board Resolution – Jul 31
IMP: Board Resolution – Jul 31
On July 31, 2014, the BOD of Imexpharm Corporation (stock code: IMP) issued Resolution No.39/NQ-HDQT-IMEX as follows:
Article 1: Approving the business result in the first 06 months of 2014 and plan for the last 06 months of 2014 of the Board of Directors.
Article 2: Approving the profile to issue shares, plan to increase charter capital in 2014 according to Resolution of General Meeting
- Issue bonus shares to existing shareholders with exercise ratio 2:1
- Issue ESOP shares: 5% of outstanding shares
- Issue shares to strategic partners 10% of outstanding shares
Article 3: Approving the plan to expand distribution system in Binh Thuan, Nghe An and Hai Duong
Article 4: Authorizing the Management Board to choose time to implement this resolution
Article 5: This resolution takes effect as from the signing date.
HOSE